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Petrobras revokes gas contract with J&F unit over corruption

SAO PAULO, June 8 State-controlled oil company Petróleo Brasileiro SA revoked on Thursday a contract to supply natural gas to a thermal power station held by a unit of holding company J&F Investimentos due to a breach of anticorruption terms.

J&F is owned by the Batista family, who are at the center of a corruption scandal threatening President Michel Temer. Petrobras, as the oil company is known, will charge the so-called Âmbar SA unit 70 million reais ($21.4 million) in amends over the contract breach, according to a securities filing.

($1 = 3.27 reais) (Reporting by Luciano Costa and Bruno Federowski; Writing by Bruno Federowski; Editing by Chizu Nomiyama)

我们的标准: 汤森路透“信任原则

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