Petrobras signs a Memorandum of Understandings with Indian Bharat Petroleum
Source: www.gulfoilandgas.com 8/30/2007, Location: Asia
Petrobras signed a Memorandum of Understandings (MOU) with Indian state-owned Bharat Petroleum today at the Petrobras' headquarters. Downstream director Paulo Roberto Costa signed the MOU on Petrobras' behalf, while Bharat Petroleum's executive director Sanjay Krishnamurti signed for the Indian company.
The MOU is aimed at the undertaking of technical studies in ethanol and biodiesel logistics and marketing with views to exporting these goods to India and other markets abroad.