Exclusive: Brazil’s Bolsonaro would not sell Petrobras in short-term – party chief

Exclusive: Brazil’s Bolsonaro would not sell Petrobras in short-term – party chief

RIO DE JANEIRO (Reuters) – The far-right front-runner in Brazil’s presidential election, Jair Bolsonaro, has no plans to privatize state-run oil company Petroleo Brasileiro SA (PETR4.SA) in the short-term if elected, the president of his Social Liberal Party told Reuters on Wednesday.

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Party President Gustavo Bebianno said the sale of Petrobras could be considered in the medium term, but only after the company had been cleaned up and revitalized.

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