January 9, 2013 / 8:00 PM / 5 years ago

Petrobras profits from high demand for thermoelectric power -CEO

RIO DE JANEIRO, Jan 9 (Reuters) - Brazil’s state-led oil company Petrobras is profiting from high demand for power from its thermoelectric plants as a hot, dry summer has drained hydroelectric reservoirs, Chief Executive Maria das Graças Foster said on Wednesday.

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