Petro Rio S.A. ADR fka HRPTY

[powerwalker]

This is problematic for HRT and Rosneft. They need PB's participation in a NG pipeline or other infrastructure-like project in the Amazon. Rosneft is not willing to commit $1 billion plus to this project, considering its other options. PB needs to put a significant amount of money into the project but, if ANP limits its funding, this decision will not be helpful to HRT in the long run ...