BRASILIA: Brazil auctioned off six port areas in the northern state of Para to private operators on Friday, with subsidiaries of state-owned oil company Petroleo Brasileiro SA winning two of the areas.

In a auction broadcast on the internet, Petrobras Distribuidora SA - also known as BR Distribuidora - won one area in the city of Belem with a bid of 50 million reais ($12.94 million). Petrobras Transporte SA (Transpetro) won another area in Belem with a bid of 30.3 million reais.

Copyright Reuters, 2019

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