Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
December 23 2020 - 4:42PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 6-K
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange
Act of 1934
For the month
of December, 2020
Commission File Number
1-15106
PETRÓLEO BRASILEIRO
S.A. – PETROBRAS
(Exact name of registrant
as specified in its charter)
Brazilian Petroleum
Corporation – PETROBRAS
(Translation of Registrant's
name into English)
Avenida República
do Chile, 65
20031-912 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address of principal
executive office)
Indicate by check mark
whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form
40-F _______
Indicate by check mark
whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Petrobras signs contract
for sale of BSBios
—
Rio de Janeiro, December 23,
2020 – Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on December 18, 2020,
informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio) signed today with the company RP Participações
em Biocombustíveis S.A. a contract for the sale of all its shares (50% of the company's capital) issued by BSBios Indústria
e Comércio de Biodiesel Sul Brasil S/A (BSBios).
The amount of R$ 322 million,
including monetary correction adjustment, will be deposited in an escrow account for PBio's stake in BSBios, and is subject to
usual adjustments for transactions of this nature. From the total amount, R$ 255 million will be withdrawn by PBio when the transaction
is closed and R$ 67 million will be kept in the escrow account for compensation of eventual contingencies and will be released
according to terms and conditions foreseen in the contract.
The closing of the transaction
is subject to compliance with the usual previous conditions.
This disclosure is in accordance
with Petrobras' and PBio´s internal rules and Decree 9,188/2017.
This operation is aligned with
the strategy of portfolio optimization and the improvement of the company's capital allocation, concentrating increasingly its
resources on world-class assets in deep and ultra-deep waters, where Petrobras has shown great competitive edge over the years.
About BSBios
BSBios owns two biodiesel plants:
|
i)
|
Passo Fundo biodiesel plant, located in the
state of Rio Grande do Sul, with a production capacity of 414 thousand m³/year, a crushing capacity of 1,152 thousand tons/year
and a storage capacity of 120 thousand tons of grains, 60 thousand tons of bran and 7.5 thousand m³ of biodiesel; and
|
|
ii)
|
Marialva biodiesel plant, located in the
state of Paraná, with a production capacity of 414 thousand m³/year and a storage capacity of 3 thousand m³ of
vegetable oil, 1.5 thousand m³ of animal fat and 4.5 thousand m³ of biodiesel.
|
About RP Participações em Biocombustíveis
S.A.
Founded in 2011, RP Participações
em Biocombustíveis S.A. is a company controlled by ECB Group and its main activity is to participate and invest in companies
that produce and sell biofuels. Its main investment is the shareholding in BSBios.
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
| Investors Relations
email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile, 65 – 1803
– 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540
This document may contain forecasts
within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities
Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates",
"believes", "expects", "predicts", "intends", "plans", "projects",
"aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties,
predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and
the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: December 23, 2020
PETRÓLEO BRASILEIRO S.A–PETROBRAS
By: /s/ Andrea Marques de Almeida
______________________________
Andrea
Marques de Almeida
Chief Financial Officer and Investor Relations
Officer
Petroleo Brasileiro ADR (NYSE:PBR.A)
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