Petrobras to spend $ 215 mm on refinery expansion

Nov 18, 2009 01:00 AM

Brazilian oil giant Petrobras is investing $ 215 mm in expanding operations at its Rio Grande do Norte refinery, the company said. The refinery, also known as Refinaria Potiguar Clara Camarao, or RPCC, is located in the extreme northeast of Brazil, where Petrobras produces oil and gas.
RPCC is a relatively small refinery and processes just 30,000 bpd of crude oil.

The expansion will add gasoline and petrochemical naphtha to existing liquefied petroleum gas or LPG, diesel and aviation fuel units. The plan is to produce on a daily basis 21,000 cm of gasoline, 45,000 cm of diesel, 7,500 cm of aviation fuel, 11,700 cm of LPG and 3,000 cm of naphtha.
The investment will also expand port capacity by adding loading facilities capable of handling ships of up to 50,000 tons.

Petrobras' total refining capacity in Brazil is currently 1.9 mm bpd, but the company plans to add an extra 1.2 mm bpd capacity by 2015.

Source / Dow Jones & Company,Inc.
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