Refinaria Alberto Pasqualini expansion and upgrading project
- Reference: 20030576
- Release date: 30 July 2004
Refinaria Alberto Pasqualini (REFAP). REFAP is owned by Petroleos Brasileiro S.A. and Repsol YPF Brasil S.A.
- Brazil
Technical and environmental upgrading of a refinery located in the State of Rio Grande do Sul.
The objective is to increase the production, improve the quality of fuels and reduce the emissions to air from the refinery.
- Industry
USD 70 m (approx EUR 58 m).
Total cost (Approximate amount)USD 150 m (approx EUR 125 m).
Environmental aspectsA formal environmental impact study was required by the Brazilian regulation. As outcome the environmental and construction permits were granted.
The procurement programme is completed due to the advanced implementation status. The procurement procedures applied seem to have followed usual practices in the sector and appear acceptable to the Bank for a private sector operation. This will be verified during appraisal.
Signed - 05/04/2005.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
Oil and Gas.