PETROBRAS TO INVEST BRL 2.5 BILLION IN REFINERIES IN 2022

Petrobras plans to boost spending R$ 2.5 billion on maintenance refineries to record levels in 2022, including around 4.5 thousand pieces of equipment, the state oil company said on Wednesday. The amount will surpass the investments made in 2021 of R$ 2.3 billion, the company said. “We invest heavily in the culture of prevention and always seek excellence in safety. In addition to scheduled maintenance shutdowns, we have an intensive employee training in our units”, said Rodrigo Costa, the director of Refining and Natural Gas at Petrobras. Even with several scheduled maintenance shutdowns last year, Petrobras reached an average of 83% of total utilization factor of its refineries in 2021, the highest rate in the last five years, which shows the efficiency gained in the management of the units, said the entity.

Sources: Reuters/Noticias Agrícolas (*Translated by Ia Niani)