Greece is interested in buying Brazilian biofuel, it became clear after a meeting of the Greek Prime Minister George Papandreou and Brazil's President Dilma Rousseff in Papandreou's official residence in Athens on Friday.
Greece is very interested as it imports almost all the energy it uses, Brazil's Foreign Affairs Minister, Antonio Patriota, who also attended the meeting, told Brazilian daily Folha.
The European country wants to use Brazilian biofuel as a way to meet the targets set by the European Union for a progressive substitution of oil.
For Brazil's federal oil and gas giant Petrobras (SAO:PETR3), in turn, it will be one more European market for biofuel.
"We are already present in Portugal and Italy. Thus, it will be a good opportunity for both Petrobras and Greece," Petrobras's president, Jose Sergio Gabrielli, who was also in Greece until Saturday, said.
At the said meeting, Papandreou told Rousseff that he would visit Brazil as soon as this year, to ink the partnership.
Greece is very interested as it imports almost all the energy it uses, Brazil's Foreign Affairs Minister, Antonio Patriota, who also attended the meeting, told Brazilian daily Folha.
The European country wants to use Brazilian biofuel as a way to meet the targets set by the European Union for a progressive substitution of oil.
For Brazil's federal oil and gas giant Petrobras (SAO:PETR3), in turn, it will be one more European market for biofuel.
"We are already present in Portugal and Italy. Thus, it will be a good opportunity for both Petrobras and Greece," Petrobras's president, Jose Sergio Gabrielli, who was also in Greece until Saturday, said.
At the said meeting, Papandreou told Rousseff that he would visit Brazil as soon as this year, to ink the partnership.
source: ADP News
