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Downstream Investments in the Northeast - PETROBRAS


Posted on June 11, 2008 – 9:23 am | by vchris

Rio de Janeiro, June 10 2008 – PETRÓLEO BRASILEIRO S/A - PETROBRAS,  a Brazilian international energy company, announces that the company:
Decided to deploy its 12th refinery in the state of Rio Grande Norte. This refinery will have a new plant to produce gasoline and to improve the quality of the other derivatives, such as aviation fuel, Diesel, and LPG. This new unit will go online in 2010.

A meeting was held today with representatives of the State of Ceará Government, in which PETROBRAS manifested its intention to study, together with the State, the possibility of installing a Premium refinery with capacity for 300,000 bpd. The refinery’s first operation phase is scheduled to start in 2014.

PETROBRAS and the Government of the State of Ceará will study the terms of a Memorandum of Understandings to be signed in no more than 120 days to establish the initial premises for the Parts’ performance in project implementation.

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