Sachsida can “bring light” on fuels, says Márcio Weber

The chairman of Petrobras’ Board of Directors, Márcio Weber, welcomed Adolfo Sachsida’s first speech at the head of the Ministry of Mines and Energy. The executive, appointed to the board in April, is in favor of the company’s privatization proposal.

In Weber’s assessment, it would be a way to dilute the controlling shareholder’s risks in the midst of political instabilities. “Getting out of political risk for the company is extremely positive,” he said, noting that change does not happen overnight because of legislation.

Despite being nominated by former minister Bento Albuquerque, Weber said that the arrival of Sachsida may “bring some light” on how to “circumvent, soften or control” the issue of fuel prices. In recent days, Petrobras has been criticized by President Jair Bolsonaro, who compared the company’s net profit to rape.

The adviser denied that the increase in diesel, announced last Monday, was a response to the attacks on Bolsonaro. He also defended that the Import Parity Policy, which equates the value of fuel with that of the international market, is extremely necessary.

“The company is absolutely concerned and sensitive to what is happening in the country. I do not believe that Petrobras will stop following the PPI, but there are ways to benefit certain segments and contribute in some way”, he told CNN .

With the dismissal of Bento Albuquerque, the future of the collegiate elected in April is uncertain. Weber, said he did not expect changes, despite not having received information about his fate and that of President José Mauro Ferreira, who traveled to Brasília to meet Adolfo Sachsida this Thursday (12).

“This government has little time, we are in the middle of an election year and it would be another wear and tear”, he evaluated about a possible replacement. The state-owned company has no provision for extraordinary meetings to deal with the matter.