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CPTDC provides USD 25,000 loan to Petrotech Servicos Petroliferos Ltda.
| Funder | China Petroleum Technology & Development Corporation (CPTDC) |
|---|---|
| Recipient Organization | Petrotech Servicios Petroliferos Ltda. |
| Country | Brazil |
| Start Date | Jun 01, 2018 |
| End Date | Nov 25, 2031 |
| Duration | 4,925 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 61762 |
Grant Description
CPTDC provides USD 25,000 loan to Petrotech Servicos Petroliferos Ltda.
In June 2018, China Petroleum Technology and Development Corporation (CPTDC), a state-owned enterprise, provided a USD 25,000 loan to Petrotech Servicios Petroliferos Ltda., a Brazil-based wholesale supplier of industrial products and machinery. The loan's borrowing terms and purpose are unclear. The Central Bank of Brazil lists the loan registration (ID TA833541) as complete.
Staff Comments
According to the cnpg.info source, CPTDC is one of Petrotech's partners. However, AidData did not find enough evidence to claim whether Petrotech Servicos Petroliferos Ltda. is one of CPTDC's subsidiaries.
Sources & References
- BrazilCentralBank_September102018
- Petrotech Servicos Petroliferos LTDA Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Petrotech Servicios Petroliferos Ltda.
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