Petrobras to nearly double gasoline imports in 2012

14 March 2012 23:43  [Source: ICIS news]

PORTO ALEGRE, Brazil (ICIS)--Brazil’s state-run oil company Petrobras expects to import nearly twice the amount of gasoline that it imported in 2011, according to numbers released by the producer on Wednesday.

Petrobras said it will import 80,000 bbl/day of gasoline in 2012.

In December, downstream director Paulo Roberto said Petrobras had imported 45,000 bbl/day of gasoline in 2011. Domestic consumption of gasoline was 432,000 bbl/day in 2011.

Petrobras also said it planned to import 160,000 bbl/day of diesel fuel in 2012.

Local newspaper Valor Economico reported the diesel supply deficit was a consequence of Petrobras's low refining rates.

The newspaper quoted Costa as saying Petrobras plans to operate its 12 refineries at full capacity this year, but Brazil still imports 15% of the oil derivatives that it consumes.

By: Leo Siqueira
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