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    Lilyanna YangHSBC

    Lilyanna Yang's questions to Petroleo Brasileiro SA Petrobras (PBR) leadership

    Lilyanna Yang's questions to Petroleo Brasileiro SA Petrobras (PBR) leadership • Q1 2025

    Question

    Lilyanna Yang inquired about cost pressures and the risk of CapEx exceeding the 2025 budget, and also asked for an update on investment plans for fertilizers and petrochemicals.

    Answer

    Renata Baruzzi, Executive Director of Engineering, expressed confidence in staying within the CapEx guidance as major project prices are set. William da Silva, Executive Director of Industrial Processes, detailed plans to restart fertilizer plants and expand petrochemical operations in partnership with Braskem, including assessing new opportunities in green chemicals.

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