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Presuming it is Petrobas (which I think is likely the case).It...

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    Presuming it is Petrobas (which I think is likely the case).

    It is still state-controlled.

    I believe that any transaction regardless of size by a foreign government or a state-owned enterprise requires FIRB approval.

    Can someone please clarify the exact comments made about the independence of the farminee?

    Can someone also advise as to the current ownership of Petrobas?

    I think its done before, but it could help clarify the situation.
 
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