Petrobras increase its sales of oil products by 7% year on year

04 February 2013 23:31  [Source: ICIS news]

CAMPINAS, Brazil (ICIS)--Petrobras increased its sales of oil products in 2012 by 7% year on year from 2.1m bbl/day to 2.2m bbl/day, Brazil's state-run oil company Petrobras said on Monday.

According to the company, it sold 570,000 bbl/day of gasoline in 2012, an increase from the previous year.

"The sales of gasoline increased 17% because of the impressive growth of the car flex fuel fleet and the reduction of the ethanol blend in gasoline [from 25% to 20%]", the company said in a statement. 

Domestic sales of diesel rose 6% year on year from 880,000 bbl/day to 937,000bbl/day, Petrobras said.

Sales of diesel increased mainly because of the expanding of the retail sector and the consumption of thermelectric plants in north region of Brazil, it said.

By: Leo Siqueira
+1 713 525 2600

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