Brazil’s Petrobras greatly increases 3rd quarter gasoline imports

29 October 2012 23:21  [Source: ICIS news]

HOUSTON (ICIS)--Petrobras increased third-quarter average daily gasoline imports by 45% from the same quarter in 2011 to meet growing demand, the Brazilian energy major said on Monday.

Gasoline imports increased to 84,000 bbl/day in the third quarter of 2012 from 51,000 bbl/day in the same quarter of last year, Petrobras said during its earnings conference call with investors.

Second-quarter gasoline imports averaged 44,000 bbl/day.

Overall third-quarter gasoline sales rose to 569,000 bbl/day from 488,000 bbl/day in the same quarter last year, Petrobras said.

Second-quarter 2012 gasoline sales averaged 557,000 bbl/day.

By: Leo Siqueira
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