The Company’s Project Aims to Minimize the Need for Product Imports and Ensure Domestic Production of the Fuel. Noxis Energy Wants to Use the Pecém Refinery in Ceará to Install a Plant for the Production of Green and Gray Methanol.
Noxis Energy’s plans for the future of its Pecém Refinery project in Ceará are quite optimistic. The company is initiating the installation of a methanol production plant, both green and gray, at the site. This way, the need for product imports will be minimized, in addition to leveraging the area’s production potential to invest in the fuel sector.
New Gray and Green Methanol Production Plant at the Pecém Refinery Marks Noxis Energy’s Strategy to Minimize Product Imports
Noxis Energy, which is developing the Pecém Oil Refinery (RPP) in Ceará, is studying the installation of a possible new plant aimed at methanol production within the structure.
The company’s main objective is to replace product imports with domestic production, utilizing the high potential of the Pecém Refinery for this, since currently 100% of the product consumed in the country is imported.
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The forecast is to produce both gray methanol, derived from natural gas, and green methanol, from the future supply of green hydrogen in Pecém.
The biodiesel and plastic industries can be strongly benefited from the domestic production of methanol at the Pecém Refinery, as they are currently the biggest users of the product.
Moreover, Noxis CEO Gabriel Debellian states that the company also aims to tap into the potential of the maritime sector for its projects in the coming years in the national market.
The idea is to utilize the synergy of part of the refinery’s machinery to install a plant capable of producing, initially, between 300,000 and 400,000 tons/year of gray methanol. For this, the gas needs to cost less than US$ 5/MMBTU.
Current Price of Natural Gas Remains the Main Challenge for the Company’s Methanol Production Plant at the Pecém Refinery
Gabriel Debellian emphasized that the main challenge currently faced for the development of the methanol plant project at the Pecém Refinery is the high prices of natural gas in the national market.
Nevertheless, he believes that the international market may present greater price variations in the second half of the decade, thus enabling more feasible prices for the project.
In addition to the import of liquefied natural gas (LNG) from the terminal that will be built by Portocem at the Ceará port, Noxis is also looking for opportunities to acquire natural gas from Petrobras and Eneva in Sergipe.
During December 2022, Noxis Energy obtained authorization from the ANP for the construction of a refinery with a processing capacity of 100,000 barrels/day in Ceará.
The refinery is expected to cost US$ 1.3 billion — not including the methanol plant, and represents a major project for the upcoming years for the company.
However, the potential for methanol production at the refinery could be one of the company’s major bets in the coming years.
Meet Noxis Energy
Noxis Energy is a Brazilian company based in the national capital of oil, Rio de Janeiro. Founded by professionals with solid knowledge and experience in refinery management, trading, logistics, and engineering, Noxis Energy primarily operates in oil refining using the latest technologies at plants located in strategic locations along the Brazilian coast.

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