Petrobras and Unigel starts discussion for joint business involving fertilizers and green hydrogen

Petróleo Brasileiro S.A. – Petrobras informs that it has initiated discussions with Unigel Participações S.A. (Unigel) to analyze joint business involving opportunity development in the areas of fertilizers, green hydrogen and low-carbon projects, in line with the revision of the strategic elements for Petrobras’ Strategic Plan 2024-2028 (SP 2024-28), as disclosed to the market on June 1, 2023.

Petrobras and Unigel signed a non-binding and two-year confidentiality agreement (NonDisclosure Agreement). Only after the conclusion of technical analyses by a multidisciplinary group will any projects arising from the agreement have official estimates of cost and return, necessary for future consideration by internal approval bodies, in accordance with the Company’s governance.