Brazil's Petrobras will import more gasoline in 2012

20 December 2011 19:51  [Source: ICIS news]

CAMPINAS, Brazil (ICIS)--Brazilian energy major Petrobras will import more gasoline in 2012 as a result of growing demand, a company executive said on Tuesday.

Petrobras expects to import 45,000–47,000 bbl/day of gasoline in 2012, compared with 45,000 bbl/day in 2011, said downstream director Paulo Roberto Costa during a conference call.

"Petrobras still need to import much more gasoline, but the company will focus more on diesel", he said.

Domestic consumption of gasoline was 432,000 bbl/day in 2011.

Petrobras also imported 176,000 bbl/day of diesel fuel in 2011, with total domestic consumption of 862,000 bbl/day.

"In 2011, the consumption of gasoline, QAV [aviation kerosene] and diesel grew by 23.2%, 11.4% and 9.3%, respectively", Costa said.

For 2012, the company said it expects to run its refineries at 90% of capacity.


By: Leo Siqueira
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