Brazilian independent refiners have long struggled to thrive in the shadow of state-controlled Petrobras' dominant position in the country’s downstream market. Petrobras’ divestment plans will allow new entrants and reconfigure the domestic market.
What are the expected impacts on independent refiners and how are they preparing to adapt to the new situation?
In this week's episode of Market Talks, Amance Boutin, Editor of the Argus Brazil Motor Fuels report, and Carlos Cotta, chief executive of Grupo Fit, analyze changes taking place in Brazil’s downstream landscape.