Recife, 08 de fevereiro de 2012

� Suitable harbor infrastructure

� Structured industrial zone

� Second fuel market in NE Region

� Partnership with the state of Pernambuco to provide external infrastructure

Main reasons:

The Choice of The Choice of PernambucoPernambuco

SUAPE Port accesses North America, SUAPE Port accesses North America,

Europe and Africa easilyEurope and Africa easily

It is located in the center of the growing Northeast region

SUAPE PortSUAPE Port

7 Metropolis

7 international airports

8 international ports

1 river port

30 million of people

90% of GDP of northeast

4 Metropolis

4 international airports

5 international ports

12 million of people

More than 35% of GDP ofnortheast

Infrastructure available Infrastructure available (railroads / expressways)(railroads / expressways)

Refinery

NEWExpressway

NEWExpressway

PetrochemicalPlants

Railroads

Shipyards

PORTO DE GALINHAS

RNEST

LocationLocation

TheThe ProjectProject

• Total investment: R$ 26 billion (including external

infrastructure);

• Land Area: 630 ha (6.3 km²);

• Beggining of Operation: jun/2013;

• Financing: BNDES (R$ 10 billion);

• Project Advance: 52% (jan/2012);

• Budget Execution: R$ 11.9 billion (jan/2012).

7%

41%

6%

19%

14%

12%

2010

38% 33% 31%21%

16%

19%22% 25%

36%37%

6% 5% 5% 4%4%

34%32% 28%

15%17%

4%

11% 12%

3% 7% 7% 12% 13%

50’s 60’s 70’s 80’s 90’s

LPG

Fuel Oil

Diesel

Jet Fuel

Gasoline

NaphtaPetroc.

Brasil 1950 - 2010

DemandDemand ProfileProfileDomesticDomestic MarketMarket ProfileProfile EvolutionEvolution

Capacity: 230.000 bpd (36.600 m ³/d) of crude 16 API

Production:

LPG 1.600 m3/dNafta for petrochemical 3.000 m 3/dDiesel (10ppm S) 26.000 m 3/d (70%)Coker Gasoil (Bunker) 2.000 ton/dCoke 6.200 ton/dSulphuric Acid 770 ton/d

Target Market: Brazil North and Northeast Regions

RefineryRefinery ProfileProfile

Refining Scheme

LN

ATMHN

CRUDE ATMATM

H2

DieselHDTDiesel

LKN

HKNLKGO

COKE

HKGO

DCK

HDT HDT NaphtaNaphta PTCH N

DIESEL

KERO

AtR

ATR

Fuel Oil/ Gasoil

LPG

H2

TheThe RNESTRNEST

Major InnovationsMajor Innovations

� Raw Material – crude 16 API;

� Coking of atmospheric residue;

� Focus on diesel production;

� Simple and efficient Refining Scheme;

� Focus on environmental issues:• Water consumption optimized

• Liquid and gaseous effluents treated

• Elimination of odors from hydrocarbons

Design SolutionsDesign Solutions

� Emissions of SOx and NOx – SNOX Units;

� Disposal of wastewater - Submarine Pipeline;

� Reduction of water consumption – Waste Treatment

with water reuse;

� Capture of rain water in two lakes;

� Reduction of HC vapor emanations: floating roof

tanks covered, oil and water separator covered;

filters in fixed roof tanks

MainMain TechnologiesTechnologies

Haldor TopsoeHydrogen Generation

Haldor TopsoeSNOX

Worley ParsonsTreatment of Gases

UOPHDT nafta

Haldor TopsoeHDT diesel

PetrobrasDelayed Coking

PetrobrasAtmospheric Distillation

TechnologyUnit

Utilities Number Capacity

Oil boilers 2 400 t/h

Coke boiler 1 700 t/h

Turbogenerators 3 50 MW

RefineryRefinery ProfileProfile

Ag

o/2

01

4

En

do

fa

ssis

ted

op

era

tio

n

Jun

/20

13

-F

irst

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on

Jan

/20

14

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nd

Tra

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f o

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on

Se

p/2

00

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fD

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ase

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(20

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p–

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iese

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6

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ase

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ork

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fd

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PhasePhase IVIV

ExecutionExecution

PhasePhase IIIIII

BasicBasic

ProjectProject

PhasePhase IIII

Conceptual Conceptual

ProjectProject

ActualActual

FebFeb/12/12

PhasePhase II

OpportunityOpportunity

IdentificationIdentification

PhasePhase VV

ClosingClosing

Jun

/20

11

Piu

bli

cati

on

of

Bu

sin

ess

Pla

n2

01

1/2

01

5

TimelineTimeline

Abreu e Lima Abreu e Lima RefineryRefineryJan/2012

PierPier for for SuezmaxSuezmax TankersTankersJan/2011

PortPort ExpansionExpansionJan/2011

PortPort ExpansionExpansionFeb/2011

� Investments of PETROBRAS in Pernambuco- Refinaria Abreu e Lima: ~ US$ 14 billions

- Ships and Platforms: ~ US$ 4 billions

- Petroquímica Suape: ~ US$ 2.5 billions

EconomicEconomic ImpactsImpacts

- Manpower Development

- Industrial Assembly Professionals: 6.430 trained un til 2011. Around 5 thousands are being trained in 2012 .

- Construction Professionals : 7.210 trained until 20 11.

- Agreement with STQE (Employment, Qualification andEntrepreneurship Secretariat)

• 200 professional instructors in 2012

• 4.000 professionals until 2013

EconomicEconomic ImpactsImpacts

Site:

www.petrobras.com.br/abreuelima

E-mail:

jbaquino@petrobras.com.br

Thank you!