Keep Us Strong WikiLeaks logo

Currently released so far... 64621 / 251,287

Articles

Brazil Sri Lanka United Kingdom Sweden 00. Editorial United States Latin America Egypt Jordan Yemen Thailand

Browse latest releases

2010/11 2010/12 2011/01 2011/02 2011/03 2011/04 2011/05 2011/06 2011/07 2011/08

Browse by creation date

66 72 73 75 79 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Browse by classification

CONFIDENTIAL CONFIDENTIAL//NOFORN SECRET SECRET//NOFORN UNCLASSIFIED UNCLASSIFIED//FOR OFFICIAL USE ONLY

Community resources

Follow us on Twitter Check our Reddit Twitter this Digg this page Contact us on IRC

courage is contagious

Viewing cable 06BRASILIA1171, PETROBRAS ACQUISITION OF PASADENA REFINING SYSTEMS -

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #06BRASILIA1171.
Reference ID Created Released Classification Origin
06BRASILIA1171 2006-06-12 18:51 2011-07-11 00:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Brasilia 
VZCZCXRO6130
PP RUEHRG
DE RUEHBR #1171 1631851
ZNR UUUUU ZZH
P 121851Z JUN 06
FM AMEMBASSY BRASILIA
TO RUEHC/SECSTATE WASHDC PRIORITY 5738
INFO RUEHRG/AMCONSUL RECIFE 4942
RUEHSO/AMCONSUL SAO PAULO 7174
RUEHRI/AMCONSUL RIO DE JANEIRO 2260
RUEHLP/AMEMBASSY LA PAZ 4642
RUEHQT/AMEMBASSY QUITO 1863
RUEHBU/AMEMBASSY BUENOS AIRES 4076
RUEHAC/AMEMBASSY ASUNCION 5487
RUEHSG/AMEMBASSY SANTIAGO 5567
RUEHMN/AMEMBASSY MONTEVIDEO 6305
 
UNCLAS BRASILIA 001171 
 
SIPDIS 
 
SENSITIVE 
SIPDIS 
 
STATE FOR EB/IFD/OIA - MILLER 
 
E.O. 12958: N/A 
TAGS: EINV EPET ECON PREL BR
SUBJECT: PETROBRAS ACQUISITION OF PASADENA REFINING SYSTEMS - 
CFIUS CASE 06-33 
 
REF: A) EB/IFD/OIA MILLER MEMO OF 5/22/06 
 
     B) STATE 81527 
     C) BRASILIA 1017 
 
(U) This cable is Sensitive but Unclassified, please protect 
accordingly. 
 
1. (SBU) The Mission has received repeated assurances, most 
prominently during Secretary of Commerce Gutierrez's June 7 
meeting with President Lula's Chief of Staff Dilma Rousseff -- 
who also serves as President of Petrobras' Board of Directors -- 
that Petrobras has no interest in taking over Occidental 
Petroleum's Ecuador assets (ref A).  The Charge received similar 
assurances from Petrobras International Director Nestor Cervero 
in a May 26 meeting (ref C).  Given these credible assurances, 
made at the ministerial level, Post believes the Occidental case 
should not be an obstacle to Petrobras' proposed acquisition of 
50% of Pasadena Refining Systems (PRS). 
 
2. (SBU) Although Petrobras is majority owned by the GoB, the 
company is publicly traded on both the New York Stock Exchange 
(NYSE) and the Sao Paulo Stock Exchange (BOVESPA).  Since it's 
partial privatization of the 1990's, the company has been run 
much more like a private company than an arm of the Brazilian 
government.  It has a reputation for sound corporate governance 
and for innovation in deepwater drilling technologies. 
Moreover, as it has expanded overseas, it has behaved in the 
interests of its stockholders, even in cases where these did not 
fully coincide with the policy of the Brazilian government. 
Post does not believe that Petrobras' acquisition of PRS poses a 
national security risk. 
 
CHICOLA