PBR » Topics » Petrobras Signs Memoranda of Understanding in Japan for Financing Strategic Projects

This excerpt taken from the PBR 6-K filed May 31, 2005.

Petrobras Signs Memoranda of Understanding in Japan for Financing Strategic Projects


(Rio de Janeiro, May 27, 2005). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy company, announces that today, during the official of visit of President Luiz Inácio Lula da Silva and presidential committee to Japan, Petrobras’President, José Eduardo Dutra, signed four memoranda of understanding with Japanese financial institutions for the joint financing of projects included in the Company’s Strategic Plan for the period up to 2010 and for providing incentives for the export of Brazilian ethanol.

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