Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
November 04 2020 - 7:43AM
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 November, 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 on new natural gas price for distributors
—
Rio de Janeiro, November
4, 2020 - Petróleo Brasileiro S.A. – Petrobras informs that it has readjusted, on 11/01/2020, the sales prices of
natural gas for distributors for the contracts started in January 2020. The adjustments occurred according to parameters negotiated
in contractual formulas, due to variations in Brent oil prices and the Real/Dollar exchange rate in the last quarter. The readjustment
was 26% in US$/MMBtu in relation to the August 2020 gas price. When measured in R$/m3, the readjustment is 33%.
Despite the increase in this
quarter, prices accumulated a reduction of 38% in US$/MMBtu and 13% in R$/m3, since December 2019 (considering the exchange rate
of 10/30/2020).
The company clarifies that
the natural gas final price to the consumer is determined not only by gas molecule and transportation cost, but also by distributors’
margins and federal and state taxes. Moreover, the process of tariff approval is carried out by state regulatory agencies, according
to specific legislation and regulation.
The sales contracts for
the distributors are public and are available for consultation on the website of the National Petroleum, Natural Gas and Biofuels
Agency (ANP).
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: November 4, 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)
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