Brazil’s government is working on a deal to allow construction companies implicated in a massive corruption scandal to resume doing business with state-run oil company Petrobras in exchange for paying fines and damages, a government official briefed on the matter said on Wednesday.
The official, who asked not to be identified because negotiations are not public, said the government is in talks with federal prosecutors to finalize the deal, which would be implemented through a presidential decree.
The source did not say when the agreement, which could bring in billions of dollars to state coffers, would be concluded.
A spokesman for Brazil’s presidency declined to comment.
Brazil Energy Insight 
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