Oil Group to install refinery in Porto do Açu

May 25, 2020

The Oil Group signed an agreement with Porto do Açu, in São João da Barra (RJ), to install a refinery with a production capacity of 20 thousand barrels per day of light derivatives. The intention is to start operations in 2024, through investments of US $ 300 million.

– The Oil Group has plans to install modular refineries – in the Açu project, it considers expanding up to 50 thousand barrels / day of capacity. Mix foresees production of gasoline, diesel oil and fuel oil.

– “Being close to the port area is important to receive oil and dispose of production in an appropriate manner (…) Our market niche there is very important. As a response to risk, it is very important to be in the port area ”, said the Downstream director of Oil Group, Luiz Otávio Massa, to Valor.

– The company is studying the development of modular refineries in the Southeast and mini refineries in the Northeast, Bahia and Sergipe.

Source: epbr

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