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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
22,971
3224hr
Pakistan Cases
1,001,875
1,84124hr
4.89% positivity
Sindh
363,101
Punjab
352,153
Balochistan
29,451
Islamabad
85,351
KPK
141,495

SAO PAULO: Brazil's state-controlled oil company Petrobras will leave the natural gas distribution sector in Brazil, disposing of all of its assets in the area, Chief Executive Officer Roberto Castello Branco said on Thursday.

The top executive of Petroleo Brasileiro SA, as the company is formally known, said he will comply with all the instructions from Brazil's antitrust regulator CADE, as the government seeks to increase competition in the gas sector looking to lower prices.

Castello Branco said he expects to sell this year at least one of the refineries Petrobras put up for sale.

Copyright Reuters, 2019