Petrobras Expansion Uptade

Carlos BarbosaGraça Alcantara

Luiz Correa

Houston 2004

PETROBRAS IN NUMBERS - 2003PETROBRAS IN NUMBERS - 2003

RevenuesRevenues US$ 31.91 billion

ReservesReserves 11.6 billion barrels of oil and gas

PProduction Platformsroduction Platforms 98 (68 fixed; 30 floating)

Production Production 1.701 million BPD of crude oil; 53 million cubic meters of natural gas

Refineries Refineries 16 (11 in Brazil; 2 in Bolivia; 3 in Argentina)

Refining CapacityRefining Capacity 1,991 million BPD of crude oil

PipelinesPipelines 27,120 km

Tanker FleetTanker Fleet 97 vessels (54 Petrobras-owned)

Service StationsService Stations 5,074 5,074 in Brazil, 697 in Argentina and 85 in Bolivia

Houston 2004

CAMPOS BASIN

Houston 2004

PETROBRAS in the Petroleum Coke Business

Industrial SitesProductsDomestic MarketExportsFuture

Houston 2004

RPBC GREEN COKE QUALITYCHARACTERISTICS SPECS METHOD

Moisture, wt%, max. 13 Speedy

Volatile Matter, wt%, max 11.5 Alcan 319/54

Ash, wt%, max 0.30 Alcan 294/55

Sulphur, wt%, max 1.0 Leco

Fixed Carbon, wt%, min/max 88 – 90 ASTM D3172/93

HGI, min/max 70 – 90 ASTM D409-03a

Silicon , ppm, max 160 A.A. Alcan 125286

Iron , ppm, max 180

Vanadium , ppm, max 250

Sodium , ppm, max 100

Calcium , ppm, max 120

Nickel , ppm, max 250

REPLAN GREEN COKE QUALITY

CHARACTERISTICS SPECS METHOD

Moisture, wt%, max. 13 Speedy

Volatile Matter, wt%, max 13 Alcan 319/54

Ash, wt%, max 0.30 Alcan 294/55

Sulphur, wt%, max 1.0 Leco

Fixed Carbon, wt%, min/max 88 – 90 ASTM D3172/93

HGI, min/max 70 – 90 ASTM D409-03a

Silicon , ppm, max 160 A.A. Alcan 125286

Iron , ppm, max 180

Vanadium , ppm, max 250

Sodium , ppm, max 100

Calcium , ppm, max 120

Nickel , ppm, max 250

3 Refineries 4 Coker Units 1 Calciner Unit

RPBC –São Paulo2 cokers – 600 MT/Y

REGAP - Minas Gerais 360 MT/Y

REPLAN –São Paulo650 MT/Y

PETROCOQUE(35%)

Houston 2004

INDUSTRIAL SITES

GREEN COKE BALANCE (MT)

Houston 2004

BRAZILIAN MARKET

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

Qua

ntity

1999 2000 2001 2002 2003

Production

Exports

Imports

Petcoke exports by Petrobras anode grade and calcined

(MT)

Houston 2004

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

Qu

an

tity

1999 2000 2001 2002 2003

GPC

CPC

GPC+CPC

Exports per Region 2002

39%

30%

7%

0%

24%USA

Canada

Europe

Asia

Middle East

Houston 2004

Houston 2004

Exports per Region 2003

23%

22%

0%8%

47%

USA

Canada

Europe

Asia

Middle East

FUTURE COKE UNITS

Houston 2004

REFAP – R G Sul1 coker 2005200,000 MT/Y

RLAM – Bahia1 coker 2008500,000 MT/Y

REDUC, Rio de Janeiro1 coker 2006500,000 MT/Y

REVAP – São Paulo1 coker 2007500,000 MT/Y

REPLAN – São Paulo1 coker 2004600,000 MT/Y

1.200.000 MT/Y

REPAR, Paraná1 coker 2009500,000 MT/Y

Houston 2004

FUTURE CAPACITY

0

500

1000

1500

2000

2500

3000

3500

4000

4500

2003 2004 2005 2006 2007 2008

Thousand MT

Houston 2004

ANODE versus FUEL GRADE ?

•Still been evaluated•Hardware for anode production•Feedstock•Severity•Refinery Economics