Petrobras invested around BRL 2 billion this year in preventive maintenance, inspecting more than 4000 refinery equipment and maintaining a high level of fuel production

After maintenance, the average monthly production of gasoline at Petrobras refineries rose 17% compared to the second quarter and diesel production grew 8% in the same period.

The Brazilian oil giant Petrobras reported that it invested around BRL 2 billion, throughout 2021, in preventive maintenance in its refining park. In all, the oil company inspected more than 4 pieces of equipment in all of the company's refineries. 

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According to Petrobras, the main objective of the investment is to guarantee safety and operational continuity, as well as adapt the production capacities of the units and promote improvements in the facilities. 

Maintenance stoppages at Petrobras refineries were concentrated in the second quarter of 2021, with some actions still in the third quarter. After the conclusion of the maintenance campaigns, the state-owned company resumed the high level of fuel production.

In the months of October and November, the average monthly production of gasoline at Petrobras refineries rose 17% compared to the second quarter and diesel production grew 8% in the same period.

In November, refineries' utilization factor closed at 87% of capacity, 12 percentage points above the second quarter. “Petrobras always seeks the most efficient use of its assets and the level of processing can fluctuate, according to the availability of equipment, the economy of operations and customer service”. The oil company said in the statement.

Therefore, the level of refinery processing is planned based on availability and types of oil, refinery capacity and logistical assets, as well as demand forecasts. Based on technical criteria, the system points to the solution with the best economic result for the entire park.  

Petrobras will invest US$ 6,1 billion in refining over the next five years to position the company among the best refiners in the world

Petrobras announced, in its Strategic Plan 2022-2026, that it will invest US$ 6,1 billion in refining over the next five years. Projects will be implemented to position the company among the best refiners in the world, in terms of efficiency and operational performance, with products with higher added value and lower carbon emissions.

One of the commitments, for example, is to expand production capacity, especially for high-quality derivatives, such as S-10 diesel. The Strategic Plan includes three major expansion projects: completion of the second unit (train) of the Abreu e Lima Refinery – Rnest, which will increase the production capacity of S-10 diesel by 95 barrels per day; the integration between Duque de Caxias Refinery (Reduc), GasLub Itaboraí, with an additional capacity of 93 thousand barrels per day of S-10 diesel and aviation kerosene (QAV), with 12 thousand barrels per day of higher quality lubricants; a new unit at Replan, in addition to adaptations at Reduce and at Revap, with an additional capacity of 132 barrels per day of S-10 diesel at the three refineries.