A sustainable alternative fuel to kerosene already exists and will have an increasing participation in the industry, but high costs are a major obstacle for its use.
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The company said it will lower aviation kerosene prices to distributors.
The state expects to produce 500,000 tonnes of green hydrogen per year. MoUs have already been signed with 18 companies.
The Petrobras subsidiary that operates in the fuel distribution sector posted a net profit of BRL 263 million (USD 72.90 million) in Q2 2018.