Company: PBR
Filing Date: 2025-07-03
Form Type: 6-K
Source: 0001292814-25-002569
Chunk: 1

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-07-03
Form: 6-K
Chunk 1
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 thousand bpd increase in jet fuel production capacity and a 12 thousand bpd increase in Group
II lubricating oil production.

The project also includes a dedicated
Bio Jet Fuel plant at the Boaventura Complex, with a production capacity of 19 thousand bpd of renewable fuels (Hydrotreated Vegetable
Oil – HVO and Sustainable Aviation Fuel - SAF); and two gas-fired power plants at the Boaventura Complex, which will participate
in capacity reserve auctions. The engineering project for the power plants has been approved, and the units will leverage synergies with
the infrastructure of the Itaboraí Natural Gas Processing Unit (UPGN).

A lubricant oil re-refining project with
a capacity of 30 thousand m³/month (6.3 thousand bpd) is also under evaluation at Reduc. With the operation of the Boaventura Complex
for Group II lubricant oil production, Reduc may repurpose existing units to re-refine used oil, applying the circular economy concept
to generate high-value products from waste. The co-processing test has already been authorized by ANP and is expected to take place this
year.

Decarbonization at Reduc

Reduc has successfully completed a test
for producing the first jet fuel with renewable content (SAF) through co-processing, reaching up to 1.2% corn oil in jet fuel production.
ANP authorization has already been granted, and commercial production at Reduc is scheduled to begin in the next few months, with a capacity
of up to 50 thousand m³/month (10 thousand bpd).

Reduc already produces Diesel R5, with
5% renewable content, and has received ANP authorization to begin testing a new 7% blend for Diesel R7 production. These initiatives reinforce
Petrobras’ commitment to the decarbonization of its products and the just energy transition.

With a focus on modernization and energy
efficiency, Petrobras plans to build a new thermal power plant at Reduc to replace obsolete steam and power generation equipment, with
expected investments of R$860 million, enhancing reliability and bringing the refinery up to the highest international efficiency standards.

Investments of up to R$2.4 billion in
maintenance shutdowns at Reduc are also planned from 2025 to 2029, to ensure the integrity, reliability, and safety of the facilities.
Major shutdowns are scheduled for 2026 in the delayed coking and hydrotreatment units of the refinery.

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