According to the newspaper Folha de S.Paulo, an agreement between the Brazilian government and Petrobras regarding legal disputes could cost between 12 and 15 billion reais, far from the initial forecast of 20 billion reais (around 4 billion dollars).
Petrobras must choose to pay this debt in installments with the Brazilian government through an agreement made with PGFN that aims to resolve subsidies that the oil company has with the Brazilian government. This should prevent the possibility of the company being left without a certificate of regularity, even if for just 24 hours, or that, in turn, impacting characteristics of Petrobras' international contracts.
This agreement, as well as any other that the company makes with the government, has a direct impact on the federal government's accounts.
However, according to Folha de S.Paulo, on April 8, "the company released a statement to the market saying that it was technically evaluating the draft conciliation notice placed for public consultation".
The company also stated that any decisions about those debts will follow “careful technical analyses". According to Petrobras, "facts deemed relevant will be disclosed to the market in a timely manner".
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