Inform

Petrobras' plans to shake up Brazil's refining market

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

Petrobras plans to sell majority stakes in four refineries with a total capacity close to 850 kb/d. By splitting Brazil into five regional hubs Petrobras hopes to foster regional competition and reduce the risk that refined product price controls are reinstated in the future. The Northeast and Southern hubs, equivalent to 25% of the market, would be controlled by the new investors. The plan also opens the door for investment to improve operating performance, particularly in the RNEST and RLAM refineries. This proposal is part of a broader divestment and business realignment strategy. Downstream divestments will further reduce leverage and increase the company's E&P weighting

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Petrobras' plans to shake up Brazil's refining market

    PDF 993.26 KB