Petrobras Launches Sale of New Gasoline Produced at Its Refineries That Protects Engines, Reduces Fraud, and Enables Consumption Cuts

Written by Flavia Marinho

Published on 29/07/2020 at 12:03

Petrobras inicia venda de nova gasolina produzida em suas refinarias que protege os motores, dificulta fraudes e possibilita redução no consumo

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Petrobras Already Produces Higher Octane Gasoline in Its Refineries and Anticipates Sales in New Standard Mandatory Only in 2022

Petrobras informs on this day, 29, in a relevant fact that its refineries are already producing and selling gasoline with an octane rating of RON 93, which according to the new regulation by ANP will only be mandatory in Brazil in two years. Petrobras reports progress in the sale of the Natural Gas Processing Unit and seven oil fields in the state of Alagoas.

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“We have adjusted our refining processes and are ready to anticipate the quality standard expected for 2022. This way, we ensure superior quality gasoline produced at Petrobras refineries,” said the Director of Refining and Natural Gas at Petrobras, Anelise Lara, in a separate statement sent to journalists.

Petrobras argued that the new gasoline standard has greater efficiency, which will allow for reduced consumption per kilometer driven, in addition to contributing to better engine performance.

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“The gain in yield of 5%, on average, provided by the new gasoline will compensate for any price difference in gasoline, as the consumer will drive more kilometers per liter,” the company highlighted in the press release.

The new specification also makes it harder to commit fraud with gasoline, combating the use of low-quality solvents and naphthas for adulterating the product sold to consumers, the state-owned company added.

Petrobras – Gasoline Price

The price of fuel is determined by the quotation in the international market and other variables such as the price of a barrel of oil, freight, and exchange rates. Therefore, these factors can vary up or down and are more influential on the price than the additional cost of specification.

Additionally, it is worth noting that Petrobras is responsible for only 30% of the final gasoline price at service stations. The remaining portions consist of taxes, the price of the added ethanol, and the margins of distributors and resellers.

Petrobras Launches Sale of New Gasoline Produced at Its Refineries That Protects Engines, Reduces Fraud, and Enables Consumption Cuts

Petrobras Already Produces Higher Octane Gasoline in Its Refineries and Anticipates Sales in New Standard Mandatory Only in 2022

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Petrobras – Gasoline Price

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Petrobras Launches Sale of New Gasoline Produced at Its Refineries That Protects Engines, Reduces Fraud, and Enables Consumption Cuts

Petrobras Already Produces Higher Octane Gasoline in Its Refineries and Anticipates Sales in New Standard Mandatory Only in 2022

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Petrobras – Gasoline Price

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