In total, it has nine contracts with companies such as Consag, Tenenge, CPL, Possebon, Tecnosonda, and Schneider Electric, totalling over R$8.3 billion in investments. This amount is forecast in the 2025 - 2029 Business Plan (PN 2025 - 2029).
The Pernambuco refinery’s second train is expected to be fully operational by 2029, but some construction is already underway, with over 2500 jobs created. Around 30 000 direct and indirect jobs are estimated to be created throughout the construction process of Train 2, which, when completed, will add approximately 13 million l of S10 (low-sulfur) diesel per day to Brazil’s production capacity.
RNEST is strategic for Brazil, serving as a Petrobras hub in the North and Northeast regions. The contracts for the resumption of construction on the refinery's Train 2 demonstrate the company's commitment to the country's development and to ethically and responsibly conducting its contracting processes. They represent an expansion of refining capacity and enable increased oil product production to meet the demands of society and the market.
The investment in the RNEST Project is included in Petrobras’ PN 2025 - 2029 and is part of the federal government’s New Growth Acceleration Program (PAC), in line with the company's corporate governance and sustainability guidelines. Nationally, Petrobras is investing US$19.6 billion through 2029 in the refining, transportation and marketing, petrochemicals, and fertilizers segments.
According to Petrobras President Magda Chambriard, the company aims to expand, adapt, and diversify its industrial park, monetising domestic oil, in an effort to increase the supply of high-quality, low-carbon products.
“These volumes reinforce RNEST's importance in expanding the production of higher-value derivatives at Petrobras’ refining complex, promoting productivity gains and contributing to the supply of low-sulfur fuels. We will have profitable investments that will enable us to integrate and diversify our businesses, generating value in the fair energy transition,” emphasised President Magda.