Brazil could get four private refineries in the next decade, increasing its processing capacity by 100,000 b / d. The new plants are being planned by Noxis Energy, a Rio de Janeiro-based company that intends to invest US $ 1.3 billion in the projects.
The agreements to lease or buy the land are still underway, but the initial idea is to install the refineries in São Mateus (ES), Barra dos Coqueiros (SE), Bacabeira (MA) and Santana (AP).
Each plant will be able to process 25,000 b / d, including bunker oil (from 35% to 40% of the total volume), diesel (30% to 35%) and gasoline (20% to 25%). Construction of the first of these is scheduled to begin in 2019, with commercial start-up in 2021.
Noxis projects that Brazilian demand for diesel and gasoline will grow by 2% by 2032, when the country’s fuel deficits will be 225,000 b / d and 251,000 b / d, respectively, according to company estimates.
At BE Petróleo, Noxis said that its plants are being designed with state-of-the-art technology in coastal areas to receive the raw material and to dispose of the products destined to the domestic and foreign markets.
“Noxis Energy brings innovative solutions in the fuel market with the construction and operation of refineries. The holding company will keep abreast of opportunities in the areas of production, distribution and renewables. Investors are very much willing to direct their business to the paths of better return on investment and value creation, “said Luiz Armando Vasconcellos, CEO of the company.
Among the other executives of the company are Márcio Dutra, with experience at Johnson & Higgins, Repsol and Vitol; Gabriel Debellian (Transnave Navigation / Docks of Imbituba / Daalimpex Coldstores); and Tania Carlos (Foster Wheeler / Repsol, Technip).
The Petrochemical Refinery Brazil intends to install a plant with a capacity to process 240,000 b / d in Bacabeira (MA), in the space that would be of the Premium I refinery, removed from the Petrobras business plan.
The project is implemented in partnership with Chinese companies, including Sinopec, which will enter as a technology provider.
“Brazil needs this. The deficit of derivatives last year exceeded the 400 thousand b / d mark, “explains the company’s executive director, Francisco Andrade.
He points out that the realization of the venture still depends on how environmental and regulatory issues, such as government fuel subsidies, will advance.
“It is a medium-term project, taking advantage of the strategic position of the Northeast [in relation to the US and Europe] and the infrastructure of Maranhão, which has railways and ports,” explains Andrade.
Among the state’s main ports are Bacabeira, Mearim and São Luís, which is being developed by China Communications Construction Company – which bought 80% of Concremat – from the construction company WTorre. One of the objectives would be to attract oil and gas projects to the area.
Other downstream ventures
The Northeast already has a series of refineries, but all are from Petrobras. The newest one is Abreu e Lima (Rnest), in Pernambuco and among others are Potiguar Clara Camarão (RN), Landulpho Alves (Rlam) in Bahia, and Lubnor, in Ceará.
In addition to refining, there are two liquefied natural gas (LNG) regasification terminals in operation in the region, also owned by Petrobras. One is in Bahia and the other in Ceará, the latter being included in the state’s divestment plan.
By 2020, the start-up of an LNG terminal at Barra dos Coqueiros (SE) is scheduled to begin. Operated by Golar Power, it will supply the Sergipe Port (1,516 MW), from the Companhia Electrica de Sergipe (Celse).
The floating regasification unit (FSRU) is being manufactured by Samsumg Heavy Industries in South Korea and will arrive in Brazil in late 2018. It will be able to store up to 170,000 m3 / d of the energy supplied by Ocean LNG, with which Celse closed supply contract in 2016.
Source: Brazil Energy