By Andrew Willis, Contributing Reporter
RIO DE JANEIRO, BRAZIL – Imports of gasoline and diesel are set to rise substantially next year at Petrobras, Brazil’s semi-state oil company, as refinery capacity fails to keep pace with growing domestic demand. The company’s downstream director, Jose Carlos Cosenza, indicated that gasoline imports are predicted to rise from their current position of roughly 75,000 barrels a day to approximately 90,000 barrels by 2014.
Diesel imports will double to roughly 300,000 barrels a day over the same period, Cosenza said, according to Subscribe to our Premium Membership Plan. Already Subscribed? Login Here