By 2035, Brazil is expected to become a net exporter of oil, with a forecast of sending 2,7 million barrels per day, according to the Petroleum Derivatives Supply Report, released this Friday (28) by the MME (Ministry of Mines and Energy) and EPE (Energy Research Company).
The analysis indicates that, by that time, Brazil's refining capacity will be increased by 10%, with major investment projects. Among the main projects are the completion of the second train at RNEST (Abreu e Lima Refinery) and the Boaventura Energy Complex, as well as expansions in diesel distillation and hydrotreating units.
Diesel fuel imports are expected to reach new records. On the other hand, external dependence on naphtha is projected to fall from 59% to 29%.
In the case of jet fuel (aviation kerosene), the reduction will be even more significant, dropping from 18% to just 4%, driven by increased investments in refineries and biorefineries, and the growing use of renewable fuels.
Alexandre Silveira, Minister of Mines and Energy, highlighted that Brazil is expanding its refining capacity to sustainably reduce its external dependence on refined products.
“This movement combines self-sufficiency, job and income generation, and greater security for the entire national energy system. The study reinforces the quality of our planning and provides predictability so that the necessary investments, both in industrial expansion and in financing the energy transition, can move forward responsibly and with a long-term vision,” declared the minister.
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