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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The oil giant of Brazil announced on Monday it will be selling one hundred percent of its participation in the Jurúa natural gas field, in the Amazon Region. The sale of yet another important natural resource field is part of Petrobras’ two-year divestment plan, which hopes to retrieve more than R$21 billion for the company.

“Juruá Field has a significant volume of discovered natural gas and is located 120 km westward of the Urucu Field and 725 km from Manaus, between the Juruá and Tefé Rivers,” said . . .

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