Petrobras has initiated discussions with Unigel Participações S.A. (Unigel) to analyse joint business opportunities, involving 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 1 June 2023.
Petrobras and Unigel signed a non-binding and two-year confidentiality agreement (non-disclosure 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.