With No President for Petrobras a Week Away from The Assembly, the Government Is Considering Postponing the Vote

Bolsonaro, however, is resisting this option

This Tuesday (5th) the government faced difficulties in finding new candidates in the market for the presidency and the board of directors of Petrobras. So now it is considering postponing the vote on the new composition, scheduled for the 13th.

The former president of the National Petroleum Agency, Décio Oddone, turned down the offer to become president of the state-owned company.

The option for Caio Mário Paes de Andrade, assistant to Minister Paulo Guedes (Economy), gained strength, but it has a strong veto: that of Arthur Lira, president of the Chamber of Deputies.

The succession at Petrobras was the subject of a tense and inconclusive meeting between President Jair Bolsonaro and the Minister of Mines and Energy, Bento Albuquerque.

With that, the government is entertaining postponing the vote on the new composition, removing this item from the agenda of the shareholders' meeting.

Despite this alternative, palace advisors say that Bolsonaro wants a quick solution to the case.

The crisis at Petrobras began with Bolsonaro's decision to fire the head of the state-owned company, —General Joaquim Silva e Luna—in response to the rise in fuel prices.

But the names chosen to run the company and the board – businessman Adriano Pires and football manager Rodolfo Landim – dropped out before taking over, due to the risk of conflict of interest.

Translated by Kiratiana Freelon

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