Petrobras on Social Program Focused on LPG

Source: www.gulfoilandgas.com 12/22/2021, Location: South America

Petrobras, following up on the releases disclosed on September 29 and December 8, 2021, informs that its Board of Directors approved the allocation of R$ 270 million that will be used throughout 2022 in the social program of access to cooking gas cylinders (liquefied petroleum gas - LPG) for vulnerable families. The amount is in addition to the R$ 30 million allocated in 2021, totaling R$ 300 million by the end of 2022.

Petrobras foresees three lines of action that may benefit up to three million people. In the first, part of the resources will be destined to the communities that neighbor the operations, by means of social-environmental projects that already work in partnership with Petrobras. In the second line of action, Petrobras will make financial donations to institutions that carry out food collection campaigns and have great capillarity and operational capacity. In the third line, Petrobras will make a financial donation for the purchase of cooking gas by non-profit institutions that supply food to homeless people in large urban centers.

In all three cases, the beneficiaries will be previously defined by the partner institutions in the municipalities and communities each initiative covers, considering pre-defined criteria.

This initiative reinforces Petrobras' social responsibility role and shows its commitment to increasingly contribute to the society.





Gulf Oil and Gas
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