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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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1. Word Oil Demand
2. PETROBRAS
3. Downstream Energy Management
4. Energy Efficiency Projects
5. Carbon Finance
Index
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1. World Oil Demand
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4
20
30
40
50
60
70
80
90
100
110
120
2000 2005 2010 2015 2020 2025 2030
Supply Challenges
World Oil Demand
Projected Decline in Production
Incorporation of New Discoveries
Alternative Energy Sources
Improve Energy Efficiency
2020: 43-48M bpd 2030: 65-78M bpd
Capacity Addiction Required
Source:
PETROBRAS
- STRATEGY
Mbpd
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2. PETROBRAS
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Corporate
Financial Planning and Risk Management
Finance
Accounting
Tax
Investor Relations
Health, Safety and Environment
Materials
Research and Development (Cenpes)
Engineering
Information Technology
Shared Services
Corporate
Marketing and Trade
Logistics and Part. in Natural Gas
Operations and Part. in Energy
Energy Development
Gas Chemicals and Liquefaction
Corporate
Technical Support to Businesses
Business Development
South Cone LA
Americas, Africa and Eurasia
Corporate
Production Engineering
Services
Exploration
North-Northeast
South-Southwest
Pre-salt
Corporate
Logistics
Refining
Marketing and Commercialization
Petrochemicals
Major Projects Program
PETROBRAS ORGANIZATION CHART
Business Strategy and Performance
New Businesses
Human Resources
Management Systems Development
Legal Department
Corporate Communication
Internal Audit Ombudsman’s Office
Petrobras Secretary Office
CEO’s Office
CEO
Senior Management
Business Committee
Board of Directors
Audit Committee
Finance Services Gas and Energy International Exploration and
Production Downstream
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Business Plan 2008-12
26%
1%2%
6%
4%2%
59%
E&P
RTC
G&E
Petrochemicals
Biofuels
Distribution
Corporate
US$ 112.4 billion
65.1 29.6
6.7 4.3 2.6
1.5
2.5
Business Plan 2009-2013
25%
2%2%
7%
3%2%
59%
E&P
RTC
G&E
Petrochemicals
Biofuels
Distribution
Corporate
US$ 174.4 billion
104.6 (*) 43.4
11.8
5.6 3.0
2.8
3.2
(*) US$ 17.0 billion allocated to Exploration
A CAREFULLY CRAFTED INVESTMENT PROGRAM
17
Business Plan 2009 – 2013
An increase of US$ 62 Billion
on the previous Plan
Business Plan 2010-2014
US$ 200 – 220 Billion
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8
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)
Petrobras celebrates the world’s largest capitalization
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PETROBRAS MAIN FIGURES
133
15
172 25.966 Km 7.197
•Net Operating Revenues – US$ 118,257 Mill.
•Net Income – US$ 18,879 Mill.
•Investments – US$ 30,000 Mill.
•Taxes – US$ 40,000 Mill.
•Shareholders – 600.000 worldwide
•Proven Reserves (SPE) – 24/28 Billion bbl
•Exploration – 109 Drilling Rigs
•Average O&G Production – 2.5 Million boed
•Producing Wells – 13.174
52 owned
78 fixed 55 floating
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Incorporation of global corporate identity
Houston
Colombia
Argentina
Angola
United Kingdom.
USA
BRAZIL
Bolivia
Rio de Janeiro
Nigeria Venezuela
Ecuador
Peru
Mexico
Tanzania
Iran China
Japan
New York
Uruguay
Libya
Turkey
Singapore
Paraguay.......
E&P
TRADING HEADQUARTERS DOWNSTREAM
GAS & ENERGY
REPRESENTATION OFFICE
Mozambique
Pakistan
Senegal
Portugal
India
Chile
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’ profitability
Australia
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PETROBRAS – Future trends
Petroleum and Natural Gas (thousands bpd)
Production
Process (thousands bpd)
Refining
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REFINING INFRASTRUCTURE
AS PETROBRAS CONTINUES TO GROW ITS UPSTREAM BUSINESS, THE NEED FOR A COMPATIBLE REFINING
INFRASTRUCTURE BECOMES MORE CRITICAL
Refineries Capacity (000 b/d)
Troughput
(000 b/d)
Paulínia - Replan (SP) 365 348
Landulpho Alves - Rlam (BA) 323 261
Duque de Caxias -Reduc (RJ) 242 243
Henrique Lage - Revap (SP) 251 236
Alberto Pasqualini - Refap
(RS) 189 148
Pres. Getúlio Vargas - Repar
(PR) 189 169
Pres. Bernardes - RPBC (SP) 170 153
Gabriel Passos - Regap (MG) 151 132
Manaus - Reman (AM) 46 41
Capuava - Recap (SP) 53 42
Fortaleza - Lubnor (CE) 7 6
TOTAL BRAZIL 1,986 1,779
RLAM
RECAP
REDUC
REVAP
REPLAN
RECAP RPBC REPAR REFAP
LUBNOR REMAN
57
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)
R
R R
R
R
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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
PETROBRAS DOWNSTREAM SCENARIO
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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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Energy Intensity Index SOLOMON ASSOCIATES – Implanted in 1997
EII = x 100
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
Refinery Energy Consumption
Standard Energy Consumption
Strategic Indicators of Energy Efficiency and Emissions of
Greenhouse Gases
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Main Indicators
EII – Solomon Associates
100
102
104
106
108
110
112
09 J F M A M J J A S O N D
(%)
Histórico (Realiz.) Meta Tendência Realiz.Acum. Meta Mensal Mensal
Índice de Intensidade de Energia do AB-RE 2010Nova metodologia
da Solomon
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Relative position of Petrobras in the SOLOMON studies (North and South)
2nd Quartile 3rd Quartile 4th Quartile
1996
Best Indicators
1o Q = 70
2o Q = 85
3o Q = 91
4o Q = 105
REPLAN Downstream
REFAP
REPAR
RECAP
REVAP
RPBC
REDUC
REGAP
RLAM
LUBNOR
REMAN
2008
Best Indicators
1o Q = 78
2o Q = 92
3o Q = 101
4o Q = 108
REPAR
REPLAN
REVAP
REFAP
RECAP
Downstream
RPBC
REDUC
RLAM
REMAN
LUBNOR
REGAP
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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
FCC CATALYST REGENERATOR
3 o STAGE
SLIDE VALVE
Orifice
Chamber
CO BOILER STACK
SEAL POTS
(4)
BLOWER
CONDENSIG
TURBINE
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Motoring of Large Condensing Turbines
FCC CATALYST REGENERATOR
3 o STAGE
SLIDE VALVE
Orifice
Chamber
CO BOILER STACK
SEAL POTS
(4)
BLOWER
ELECTRIC MOTOR
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REGENERATOR
3 o STAGE
SLIDE VALVE
ORIFICE
CHAMBER
TURBOEXPANDER BLOWER CO BOILER STACK
SEAL POTS
(1)
(1)
(4)
(5)
(3)
(2)
Motoring of Large Condensing Turbines
ELECTRIC MOTOR
X
GENERATOR
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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
• Petrobras will cut 9% and 10%
energy intensity between 2009
and 2015 in its operations of
Exploration & Production and
Refining, respectively.
• Petrobras will reduce 15 and 8%
the intensity of greenhouse
gases emissions between 2009
to 2015 in its operations of
Exploration & Production and
Refining, respectively.
Energy Efficiency Emissions
Strategic Objectives
Maximize efficiency and minimize the intensity of GHG
emissions, reaching levels of excellence in the Oil & Gas
industry, contributing to business sustainability
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5. Carbon Finance
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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
Challenges
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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
