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Brazil’s Petrobras has issued a request for info (RFI) to gauge market circumstances because it seems to be to spice up the manufacturing capability of its first refining practice on the Abreu e Lima (Rnest) refinery, a supply acquainted with the matter advised BNamericas.
Talking on situation of anonymity, the supply mentioned that the nationwide oil firm is reconsidering the development of the second Rnest refining practice. Petrobras declined to touch upon the problem when contacted by BNamericas.
Included within the firm’s 2022-26 marketing strategy, the funding was seen as a strategic transfer to draw potential patrons for the refinery, after it did not promote the plant in a primary divestment try.
Situated in Pernambuco state, Rnest started operations in 2014 with a capability to course of 130,000b/d.
Among the many Brazilian refineries, the plant has the best conversion price of crude oil into diesel (70%), a vital gas for the nation’s economic system.
Final month Petrobras began a programmed upkeep stoppage at Rnest that may final till August.
On Friday, the corporate prolonged the expression of curiosity deadlines for the gross sales of Rnest, in addition to the Presidente Getúlio Vargas (Repar) and the Alberto Pasqualini (Refap) refineries, in Paraná and Rio Grande do Sul states, respectively.
Potential bidders now have till July 29 to verify their participation and should signal a confidentiality settlement by August 12.
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