Petrobras Clarifies About Cuts in Fuel Orders for Gasoline and Diesel Reported in the Media

Written by Flavia Marinho

Published on 19/10/2021 at 10:00

Frentista em posto de combustível Petrobras / Imagem Google

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Unilateral Cuts in Gasoline and Diesel Supply Orders for November This Year at Petrobras Raises Alert for Risk of Fuel Shortage

Petrobras clarified last night, in a relevant fact, about the news reported in the media regarding the cuts in fuel orders for gasoline and diesel. “The reductions made by Petrobras, which in some cases exceed 50% of the volume requested for purchase, place the country in a potential shortage situation,” warned Brasilcom in a statement.

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According to the state company, in the Production and Sales Report for Q2 2021, the company operated its refining park in the first half of 2021 with a utilization factor (UF) of 79%, in line with the 2020 average and higher than recorded in 2019 (77%) and 2018 (76%), even considering the scheduled outages at the REFINERIES REDUC, RPBC, REGAP, RLAM, REPAR AND REVAP, which were postponed from 2020 to 2021 due to the pandemic. In the accumulated figure for October 2021, the Company is operating with an UF of 90%.

Petrobras Made Investments in Its Park to Increase the Capacity to Process Crude Oil

It is worth noting that in recent years Petrobras has made investments in its park to increase the capacity to economically process heavier Brazilian crude oil, improve the quality of derivatives to meet stricter regulatory standards, modernize refineries, and reduce the environmental impact of its refining operations.

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State Company Continues to Fulfill Gasoline and Diesel Contracts with Distributors

For the month of November, Petrobras received orders significantly above previous months and its production capacity. Only well in advance could Petrobras plan to meet this atypical demand. Compared to November 2019, the demand from distributors for diesel increased by 20% and for gasoline by 10%, representing over 100% of the Brazilian market.

Petrobras continues to fulfill contracts with distributors, according to the terms, deadlines, and its capacity. Additionally, the Company is maximizing its production and deliveries, operating at high utilization of its refineries.

“Relevant facts on the subject will be promptly disclosed to the market”, concludes Petrobras in the statement.

Petrobras Clarifies About Cuts in Fuel Orders for Gasoline and Diesel Reported in the Media

Unilateral Cuts in Gasoline and Diesel Supply Orders for November This Year at Petrobras Raises Alert for Risk of Fuel Shortage

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State Company Continues to Fulfill Gasoline and Diesel Contracts with Distributors

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Petrobras Clarifies About Cuts in Fuel Orders for Gasoline and Diesel Reported in the Media

Unilateral Cuts in Gasoline and Diesel Supply Orders for November This Year at Petrobras Raises Alert for Risk of Fuel Shortage

Read Also

Petrobras Made Investments in Its Park to Increase the Capacity to Process Crude Oil

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Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

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She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

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