Petrobras Allocates Investment to Boost Refining Industry in Brazil

Researched by Industrial Info Resources (Sugar Land, Texas)--Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil) is advancing its RefTOP Program, which was created 2021 to improve the efficiency and operational performance of the company´s refineries as well as increasing output of products such as diesel. The program has doubled its budget to more than US$7 billion worth of investments planned for the downstream sector. RefTOP aims to perform upgrades and modernization projects through 2027 at its REPLAN, RPBC, REDUC, RECAP and REVAP refineries.

At the REPLAN refinery, a new hydrotreater, Unit U-5283, is planned to be operational by the second half of 2025, while the project to revamp the existing delayed coker unit, which will in turn increase its capacity by 10,000 barrels per day (BBL/d), is being evaluated and is scheduled to take place in the second half of 2027. Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can click here for detailed information on these two projects.

The REDUC Refinery has recently completed a revamp of its hydrotreater to allow the facility to process 25,000 BBL/d of diesel, whereas the REVAP refinery project to revamp its HDT and increase the production of S-10 diesel has received budget approval and was submitted for a revision so as to proceed with bids for the project. Subscribers can click here for the REDUC and REVAP project reports.

In addition to the RefTOP Program, Petrobras is proceeding with other key investments. The company has resumed activities for the RNEST, Abreu e Lima refinery and Train 2 project, which is aimed at doubling the refinery's capacity to 260,000 BBL/d. The modifications on Train 1 to increase the capacity of the delayed coker and allow the existing crude unit to process 130,000 BBL/d are underway and scheduled to be completed by early 2025. Train 2 will have a second delayed coker added and as well as a new 130,000-BBL/d crude unit, which is expected to be completed by early 2027. Subscribers can click here for a list of related project reports.

Petrobras' remaining goals are to proceed with maintenance activities and works that allow the company to increase refinery throughput and production rates to about 97% of capacity.

Subscribers can click here for all project reports mentioned in this article and click here for the related plant profiles.

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