Petrobras signs loan of U$3.5 billion with China Development Bank.
According to sources the loan was booked under Petrobras subsidiary, Petrobras Global Trading.
The Chinese have 20% interest in the pre salt Libra field which is operated by Petrobras with 40% and has Shell and Total as participants with 20% each and Chinese CNPC and CNOOC with 10% each.
More to come….
Brazil Energy Insight 
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