Petrobras Signs $892 Mln in Contracts to Complete RNEST Refinery Expansion
06.18.2025 By Tank Terminals - NEWS

June 18, 2025 [Reuters]- Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 million) for the completion of a new refining unit at its RNEST refinery.

 

The agreements, signed with engineering firm Consag, include the construction of associated infrastructure, such as a diesel hydrotreatment unit, Petrobras said in a statement.

This initiative is part of Petrobras’ strategy to build “Train 2” at RNEST, a new refining unit projected to double the refinery’s current installed capacity.

The new facilities are expected to become operational in 2029, according to Petrobras.


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