Petrobras reported today (4) that it reached 91% of total utilization factor of the refining park in the last week of March 2022. The average utilization factor considering the whole month was 89%.
According to the company, in 2021, the average level of utilization of Petrobras refineries was 83%, the highest rate in the last 5 years.
“The total refining utilization factor considers the volume of oil load actually processed and the reference load of the refineries, that is, the maximum capacity to operate, respecting the equipment design limits, safety and environmental requirements. and the quality of the derivatives produced, in addition to the economic rationality of production decisions, with a focus on value generation”, informed the company.
“The definition of the level of use is a technical and economic decision, which takes into account the demand of Petrobras customers, the global alternatives for supply and prices of oil and derivatives, different configurations and operating limits and the need for maintenance stoppages. refining units, among other factors. Petrobras is producing as much as possible under safe, sustainable and economic conditions,” said Rodrigo Costa, director of Refining and Natural Gas at Petrobras.
Petrobras also informed that it will invest US$ 6.1 billion in refining over the next five years, to expand refining capacity, generate higher quality products and position its refineries among the best in the world in terms of efficiency and operational performance. .
