Petrobras on RNEST

Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that, as disclosed to the market on 06/29/2023, the company decided to continue with the implementation of Train 2 of the Abreu e Lima Refinery – RNEST, after a decision based on a careful reassessment of the RNEST Project which, in light of the premises of the Strategic Plan 2023-2027, had its economic attractiveness confirmed.

The amount of investment in Refining was disclosed in the Strategic Plan 2023-2027, totaling around US$ 8 billion between 2023 and 2027, of which US$ 1.5 billion in the RNEST Project.

RNEST’s Train 2 is scheduled to start operating in 2027, and with this implementation, Petrobras will contribute to expanding the country’s refining capacity, making it possible to increase the production of oil products, especially S10 diesel, to meet market demands.

Material facts on the subject will be disclosed to the market in due course. 

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