Petrobras reports on the construction of RNEST’s second train

Petróleo Brasileiro S.A. – Petrobras announces, following up on the release of June 29, 2023, that it has signed the first three contracts with Consag Engenharia S.A., as a result of competitive bidding, for the completion of the construction of Train 2 of the Abreu e Lima Refinery (RNEST), in Pernambuco. These contracts, amounting to approximately R$ 4.9 billion, include the implementation of the Coking Unit (UCR), the Diesel Hydrotreating Unit (UHDT-D) and the Atmospheric Distillation Unit (UDA). The amount is already included in the 2025-2029 Business Plan. The completion of the project will also include other service packages, which are currently being tendered.

The ongoing implementation of Train 2 at RNEST is based on a careful assessment of the project which confirmed its economic attractiveness, considering the premises of the 2025-2029 Business Plan. The decision was submitted for approval by the competent bodies, in accordance with the company’s governance procedures.

The UCR will have the potential to process up to 75,000 barrels/day of cargo, while the UHDT-D will be able to operate with up to 82,000 barrels/day. The UDA will have a capacity of 130,000 barrels/day. These volumes highlight the importance of RNEST in expanding the production of higher value-added oil products in Petrobras’ refining system, promoting gains in productivity and contributing to the supply of low-sulphur fuels.

The units are expected to start operation in 2029, doubling the refinery’s installed capacity from the current 130,000 barrels/day to 260,000 barrels/day, making it Petrobras’ second largest refinery in terms of oil processing capacity.