Prepa signs deal with Petrobras

Ryan, Frances
May 2006
Caribbean Business;5/25/2006, Vol. 34 Issue 20, p7
The article reports that the Puerto Rico Electric Power Authority (Prepa) has finalized a preferred client agreement with Petroleos Brasileiros SA (Petrobras). According to the article, the deal followed the announcement of an organizational restructuring by Prepa. Prepa Executive Director Edwin Rivera Serrano explains the terms of the company's deal with Petrobras. He adds that Prepa is constantly monitoring sensitive geopolitical situations concerning oil-producing countries.


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