PETROBRÁS WILL BE ABLE TO EXPORT UP TO 100 MILLION BARRELS THROUGH PORTO DO AÇU UNTIL 2021

 

Jun 22, 2020

Petrobras and Porto de Açu reached a new agreement to double the volume of oil handled by the state company at the terminal. With the agreement, the oil company will be able to transport up to 100 million barrels while the contract is in force, until March 2021.

Last year, Açu Petróleo’s terminal accounted for 15% of Petrobrás’ movements. But this percentage has increased over the course of this year, reflecting the growth in sales abroad by the state-owned company. In April, for example, 23% of the oil company’s exports were made from Açu.

Currently, according to Açu Petróleo, 25% of the oil exported by Brazil is handled at its terminal, which includes Petrobrás, Shell, Petrogal, Total, Equinor and Repsol. The unit has carried out more than 170 transshipment operations since its inauguration, equivalent to 170 million barrels handled. Last year, Açu Petróleo reached the record for handling in 12 months: 72 million barrels.

For the next few years, Açu Petróleo plans to build a tanking park and two 40 km pipelines, connecting the terminal to Barra do Furado, in Quissamã (RJ). The idea is also to connect Açu to the current pipeline network of Petrobrás, enabling the supply of crude oil to the Regap (BH) and Reduc (RJ) refineries.

Source: PetroNoticias

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