Brazil's Petrobras to raise diesel output by 120,000 bpd this year
Brazilian state-run oil firm Petrobras expects to boost diesel output by some 120,000 bpd this year as it expands low-sulfur diesel production in some of its refineries, according to the firm's head of industrial processes.
The expansion of so-called S-10 production, a type of low-sulfur diesel, would take place at the company's Abreu e Lima, Replan and Revap refineries this year, industrial processes chief William Franca said in an interview on Monday.
Franca noted that Petrobras currently produces between 600,000 bpd and 700,000 bpd of diesel, a motor fuel favored by heavy industry including in the country's massive agriculture sector. He added that higher domestic output would allow the firm to reduce diesel imports.
Petrobras plans to keep increasing its diesel production in the next few years through additional capacity expansions at its refineries, potentially adding another 100,000 bpd, said Franca.
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