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Brazil's Petrobras delays start-up of three sustainable aviation fuel plants

Brazil's Petrobras delays start-up of three sustainable aviation fuel plants

- Brazilian state-run oil company Petrobras PETR3.SA will delay the startup of three sustainable aviation fuel (SAF) plants by about one year, according to a presentation by its Industrial Processes and Products Director William Franca on Thursday.

  • First plant at the RPBC refinery in Cubatao is now expected to start operations in 2030, delayed from 2029.

  • A unit at the Boaventura complex in Rio de Janeiro is now slated for 2031 or later, pushed from 2030.

  • A plant the at REPLAN refinery in Paulinia was also delayed to 2031 or later from 2030.

  • The three plants would have a combined production capacity of 45,000 barrels per day.

  • Petrobras is finalizing its 2027-2031 business plan, which will focus heavily on energy transition, Franca said at an event in Rio de Janeiro.


(Reporting by Marta Nogueira; Editing by Alexandra Hudson)

((Gabriel.Araujo2@thomsonreuters.com; +55 11 5047-3352;))

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