Petrobras' Board of Directors approved on Friday (19) the final investment decision (FID) for the RPBC Biorrefino project, which foresees the implementation of a dedicated plant for the production of bio-jet fuel (bioQAV) and renewable diesel, at the Presidente Bernardes Refinery (RPBC), located in Cubatão (SP), with an estimated investment of approximately US$ 1.2 billion. With this approval, says a note from "Agência Brasil", Petrobras will advance to the final phase of contracting and signing of contracts, with the start of construction expected by the end of 2026. The project is included in the 2026-2030 Business Plan and, considering the company's financing conditions, was included in the Base Implementation Portfolio. The plant will have a production capacity of up to 15,000 barrels per day (bpd) of renewable fuels (biojet fuel and renewable diesel), with operations scheduled to begin in 2030. The project aligns with Petrobras' commitment to leading the just energy transition in the country and with the global commitments of the aviation sector to comply with the CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) regulation and the Future Fuel Law (Law No. 14,993/2024). 

This text was translated by machine from Brazilian Portuguese.