
Petrobras gives green light to fuels, lubricants plant at GasLub hub

The board of Brazil's state-run oil firm Petrobras has approved the engineering project for the implementation of a fuel and lubricant plant at the GasLub hub in Itaboraí, Rio de Janeiro state.
"The company's decision is in line with the strategy of maintaining its operations with assets focused on proximity to oil and gas supply and the consumer market, in addition to increasing fuel production, contributing significantly to the reduction of imports of these products," the company said in a statement.
The next stage will be the start of the development phase of the initiative, in which the basic engineering studies will be carried out to support the project planning. Following the company's approval of the project governance, completion of the planning phase will underpin the final investment decision and the contracting process for the start of works.
Implementation of the GasLub lubricant and fuel plant is part of Petrobras' strategy to expand and adapt its refining park, with higher value-added and better quality products to serve the market.
According to Petrobras, the set of units will have capacity to produce approximately 12,000b/d of group II lubricating oils, in addition to 75,000b/d of diesel S-10 and 20,000b/d of aviation kerosene (QAV-1), with very low sulfur content.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Oil & Gas (Brazil)

Why the market welcomed the nominations to Petrobras’ management team
BNamericas speaks to several analysts in Brazil about the new CEO's five nominations to the management team, and the potential implications for the...

Why Brazil’s Interco Trading sees Argentina as a 'great LPG partner'
BNamericas speaks with two top executives from the Brazilian firm in an interview that focuses on domestic market trends as well as gas issues rela...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Block P-M-45
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-74
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-8
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-541
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-9
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-73
- Current stage:
- Updated:
1 month ago
- Project: Block P-M-468
- Current stage:
- Updated:
1 month ago
- Project: Block POT-M-770
- Current stage:
- Updated:
1 month ago
- Project: Block POT-M-768
- Current stage:
- Updated:
1 month ago
- Project: Itaboraí - Guapimirim (Gasig) gas pipeline
- Current stage:
- Updated:
1 month ago
Other companies in: Oil & Gas (Brazil)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: OceanPact Serviços Marítimos S.A.  (OceanPact)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Trafigura do Brasil Importação Exportação e Comércio Ltda.  (Trafigura do Brasil)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Dril-Quip do Brasil Ltda.  (Dril-Quip do Brasil)
-
The description contained in this profile is taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tran...
- Company: Baru Offshore Navegação Ltda.  (Baru Offshore)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Gas Bridge Comercializadora S.A.  (GBC)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Cosan S.A.  (Cosan)
-
Cosan is a Brazilian holding company engaged in the production of ethanol, sugar, biofuels and electric power, investment in agricultural properties, and the distribution of liq...