Petrobras on RNEST

Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held yesterday, decided to continue with the implementation of the Train 2 of the Abreu e Lima Refinery - RNEST, whose works were interrupted in 2015. The decision is based on a careful reassessment of the RNEST Project which, in accordance with the assumptions of the Strategic Plan 2023-2027, had its economic attractiveness confirmed. 

The contracts associated with the continuity of the work on RNEST's Train 2 will undergo all the necessary analyses, in compliance with the applicable governance practices and internal procedures and will be disclosed to the market in due course. It is important to highlight that such project was already foreseen in the Strategic Plan 2023-2027, within the Plan's CAPEX. 

The RNEST's Train 2 is scheduled to start operating in 2027, and with this implementation, Petrobras will contribute to expand the domestic refining capacity, enabling an increase in the production of oil products, especially S10 diesel, to meet market demands.