Energy Performance Management in

PETROBRAS Refineries

Eduardo Coelho Corrêa

PETROBRAS
Downstream Management – Refining Technology
Manager of Thermal Systems, Fuels and Emissions

October 2010 – Santo Domingo – Republica Dominicana

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 Index

1. Word Oil Demand

2. PETROBRAS

3. Downstream Energy Management

4. Energy Efficiency Projects

5. Carbon Finance

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 1. World Oil Demand

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Mbpd World Oil Demand
120

110

100

90
Capacity
80
Supply Addiction
70
Required
Challenges
60
2020: 43-48M bpd
2030: 65-78M bpd
50

40
Projected Decline in
Production
30
Source:
20
PETROBRAS
2000 2005 2010 2015 2020 2025 2030
- STRATEGY

Incorporation of Alternative Energy Improve Energy

New Discoveries Sources Efficiency

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 2. PETROBRAS

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 PETROBRAS ORGANIZATION CHART

Audit Committee
Board of Directors

Ombudsman’s Office Internal Audit

Senior Management

CEO
Business Strategy and
Performance Business Management Systems Development
Committee
New Businesses Legal Department
CEO’s Petrobras
Human Resources Office Secretary Office Corporate Communication

Exploration and
Finance Gas and Energy Downstream International Services
Production

Corporate Corporate Corporate Corporate Corporate Health, Safety and

Financial Planning Marketing and Production Logistics Technical Support Environment
and Risk Trade Engineering Refining to Businesses Materials
Management Logistics and Part. Services Business Research and
Marketing and
Finance in Natural Gas Exploration Commercialization Development Development
Accounting Operations and South Cone LA (Cenpes)
North-Northeast Petrochemicals
Tax Part. in Energy Americas, Africa Engineering
South-Southwest Major Projects
Investor Relations Energy Program and Eurasia Information
Development Pre-salt Technology
Gas Chemicals and Shared Services
Liquefaction

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A CAREFULLY CRAFTED INVESTMENT PROGRAM

Business Plan 2009-2013

2% 2% 2% US$ 174.4 billion Business Plan 2010-2014
3%
7%
11.8
5.6 3.0
2.8
E&P
US$ 200 – 220 Billion
RTC
3.2
G&E

Petrochemicals
43.4 104.6 (*) Distribution
25% 59%
Biofuels

Corporate

(*) US$ 17.0 billion allocated to Exploration

Business Plan 2008-12

2% 2%
4% 1% US$ 112.4 billion
2.6
Business Plan 2009 – 2013 6%
6.7
4.3
1.5
E&P

2.5 RTC
An increase of US$ 62 Billion G&E
Petrochemicals
on the previous Plan 26% 29.6 65.1
Distribution
59%
Biofuels

Corporate

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 Petrobras celebrates the world’s largest capitalization

The Company raised close to US$ 70 billion issuing 4.27 billion shares

Petrobras capitalization was the largest of its kind ever

held in the world, well above other important offerings
such as RBS (Royal Bank of Scotland) in 2008 (US$ 24,4
billion) and the Agricultural Bank of China also in 2010
(US$ 22,1 billion)

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 PETROBRAS MAIN FIGURES
•Net Operating Revenues – US$ 118,257 Mill.
133
•Net Income – US$ 18,879 Mill.
•Investments – US$ 30,000 Mill.
•Taxes – US$ 40,000 Mill.
•Shareholders – 600.000 worldwide
78 fixed 55 floating

•Proven Reserves (SPE) – 24/28 Billion bbl 15

•Exploration – 109 Drilling Rigs
•Average O&G Production – 2.5 Million boed
•Producing Wells – 13.174

7.197 25.966 Km 172

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 Incorporation of global corporate identity

United Kingdom.
New York
USA
Japan
Houston Portugal Turkey
Iran China
Libya Pakistan
Mexico Senegal
Venezuela Nigeria India
Colombia Singapore
Tanzania
Ecuador BRAZIL Angola
Peru
Bolivia
Rio de Janeiro
Paraguay....... Mozambique
Uruguay Australia
Chile Argentina

HEADQUARTERS TRADING GAS & ENERGY

DOWNSTREAM E&P REPRESENTATION OFFICE

WHY INTERNATIONALISE?
To diversify the portfolio, reducing risks To reduce capital cost
To raise cash flow in a strong currency To process Petrobras’ oil overseas
To contribute to the growth and increase of Petrobras’PUBLIC
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 PETROBRAS – Future trends

Production Refining

Petroleum and Natural Gas (thousands bpd) Process (thousands bpd)

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 REFINING INFRASTRUCTURE

Capacity Troughput
REMAN LUBNOR Refineries
(000 b/d) (000 b/d)
Paulínia - Replan (SP) 365 348
RLAM
Landulpho Alves - Rlam (BA) 323 261
R Duque de Caxias -Reduc (RJ) 242 243
R R
RECAP Henrique Lage - Revap (SP) 251 236
R
Alberto Pasqualini - Refap
(RS)
189 148
REDUC
Pres. Getúlio Vargas - Repar
REPLAN (PR)
189 169
R Pres. Bernardes - RPBC (SP) 170 153
REVAP
Gabriel Passos - Regap (MG) 151 132
Manaus - Reman (AM) 46 41
REPAR REFAP RPBC RECAP
Capuava - Recap (SP) 53 42
Fortaleza - Lubnor (CE) 7 6
TOTAL BRAZIL 1,986 1,779
 AS PETROBRAS CONTINUES TO GROW ITS UPSTREAM BUSINESS, THE NEED FOR A COMPATIBLE REFINING
INFRASTRUCTURE BECOMES MORE CRITICAL

5 NEW REFINERIES WILL BE BUILT IN THE YEARS TO COME, INCREASING THE PRODUCTION CAPACITY FROM
2,0 MBPD TO 2,3 M IN 2013 AND 3,0 M IN 2020 (PE-RN-MA-CE-RJ)
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 PETROBRAS DOWNSTREAM SCENARIO

Products Quality
Gasoline 50 ppm S, Diesel 10 ppm S

Sustainability
Regulated Emissions, GHG – Energy Efficiency, SIGEAR, DJSI, CDP

Pre-salt
Processing/Export

Internal and External Market share

Car fleet efficiency, Hybrid cars, Ethanol, NGV, Public Transport
Rationalization

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 3. Downstream Energy Management

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 Energy Management Premises

Energy and GHG Performance

Operational (Culture and Discipline)

P&D

EE Projects

New Refineries - Design Performance

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Energy Management

• Energy Performance Indicators

• Measurement

• Multi-year targets and annual goals

• Short and long term strategy

• Standardized refinery management and tools

Performance Information Systems
PRCCE
Process Analysis
BUTILR “On Line”
Fouling TRR
Energy Efficiency Projects
SIGEAR

• Action on deviations

• Benchmark – gap analysis

• Corporate design standards

• Corporate and local leadership and skills

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 Strategic Indicators of Energy Efficiency and Emissions of
Greenhouse Gases

Energy Intensity Index SOLOMON ASSOCIATES – Implanted in 1997

Refinery Energy Consumption

EII = x 100
Standard Energy Consumption

Standard Energy Consumption: considers the quality of the load, the

complexity and severity of the operating process units and utilities.

Carbon Emissions Index - CEI

(to be implanted in 2011)

CEI = Real GHG Emissions (SIGEAR) * 100

Standard GHG Emissions
Standard Emissions: refinery emissions with IIE = 100 and energy matrix
100% GN

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 Main Indicators

EII – Solomon Associates

Índice de Intensidade de Energia do AB-RE 2010
Nova metodologia
112 da Solomon

110

108
(%)

106

104

102

100
09 J F M A M J J A S O N D

Histórico (Realiz.) Meta Tendência Realiz.Acum. Meta Mensal Mensal

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Relative position of Petrobras in the SOLOMON studies (North and South)
2nd Quartile 3rd Quartile 4th Quartile

1996 REPLAN Downstream

Best Indicators REFAP
1o Q = 70 REPAR
2o Q = 85 RECAP
3o Q = 91 REVAP
4o Q = 105 RPBC
REDUC
REGAP
RLAM
LUBNOR
REMAN
2008 REPAR Downstream REDUC
Best Indicators REPLAN RPBC RLAM
1o Q = 78 REVAP REMAN
2o Q = 92 REFAP LUBNOR
3o Q = 101 RECAP REGAP
4o Q = 108

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 4. Energy Efficiency Projects

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 Typology of Projects

 Motoring of Large Condensing Turbines

 Energetic Integration

 Process Units Optimization

 Thermo power Plants Modernization

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 Motoring of Large Condensing Turbines

3o STAGE

(4) SLIDE VALVE

Orifice
Chamber

BLOWER

SEAL POTS

CONDENSIG FCC CATALYST REGENERATOR

TURBINE

CO BOILER STACK

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 Motoring of Large Condensing Turbines

3o STAGE

(4) SLIDE VALVE

Orifice
Chamber

BLOWER

SEAL POTS

FCC CATALYST REGENERATOR

ELECTRIC MOTOR

CO BOILER STACK

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Motoring of Large Condensing Turbines

3o STAGE

(4) SLIDE VALVE

(1) ORIFICE
CHAMBER
(2)

(3)
(1) SEAL POTS

REGENERATOR
(5)

ELECTRIC MOTOR
X
GENERATOR TURBOEXPANDER BLOWER CO BOILER STACK

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Project Portfolio – Energy Efficiency

Total Impact of the Projects – 2011 to 2017

Total Energy Consumption: 351.000 m3 OCPE/year

2.299.664 boe/year

Total GHG Emissions Reduction: 1.026.000 ton CO2/ year

Estimated CAPEX: 340 MM US$

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With the main projects planned, PETROBRAS will support its
corporate vision

Strategic Objectives

Maximize efficiency and minimize the intensity of GHG

emissions, reaching levels of excellence in the Oil & Gas
industry, contributing to business sustainability

Energy Efficiency Emissions

• Petrobras will cut 9% and 10% • Petrobras will reduce 15 and 8%

energy intensity between 2009
and 2015 in its operations of
Exploration & Production and
Refining, respectively.
the intensity of greenhouse
gases emissions between 2009
to 2015 in its operations of
Exploration & Production and
Refining, respectively.

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 5. Carbon Finance

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 Challenges

1. Develop “pre-salt”

2. Limited Capital x Portfolio;

3. Economic Additionality x Price Risk;

4. Hydrogen Production x Products Quality x GHG

5. Design Performance

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 Design Performance:

The definition in the concept phase of a 600 kbpd refinery with an EII
of 81 reduce 1,3 MM tons of CO2 emissions, considering a 100 EII
baseline.

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 Design Performance:

The definition in the concept phase of a new 600 kbpd refinery with
an EII of 81 prevent 1,3 M tons of CO2 emissions, considering a 100
EII baseline.

We plan to invest 340 MMUS$ in the existing system to reduce 1,0 M

tons of CO2 emissions.

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 Rio de Janeiro – Copacabana and Forte Beach

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 Rio de Janeiro – Ipanema Beach

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 End

Thank you.
We are waiting for you all for the Soccer World Cup 2014 and Olympic Games 2016

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