29 March 2024
Natural gas sales dip contributes to Petrobras’s Q1 revenue slump
Publication date: 12 May 2023
Gas Strategies Group
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[1] Petrobras reported an 11.4% year-on-year decrease in net revenue from natural gas sales in Q1 2023, attributing the slump to diminished sales in the non-thermoelectric sector and a drop in prices due to an 8% Brent devaluation. Overall, Petrobras' net revenue was down 1.5% year-on-year to USD 26.77 billion in Q1 2023...