The state-run oil giant Petrobras said on Friday (26) that it will lower aviation kerosene (QAV) prices to distributors by 10.4% starting on September 1. Petrobras sells QAV imported or produced at its refineries only to distributors, which transport and sell the product to air transport companies and other end-consumers to the airports, or to resellers. Distributors and resellers are responsible for airport facilities and refueling services. “The Brazilian market is open to free competition and there are no legal, regulatory, or logistical restrictions for other companies to act as producers or importers of QAV,” Petrobras said.
Source: Agencia de Notícias Brasil-Árabe (*Translated by Ia Niani)