Upload
petrobras
View
722
Download
1
Embed Size (px)
Citation preview
What is driving growthin transport fuels?Alternative Energy ConferenceBiofuelsSillas Oliva FilhoAlcohol and Oxygenate Trading Manager
Petrobras in NumbersPetrobras in NumbersPetrobras in Numbers16 Refineries with a capacity of 2,125
millions bpd
Gross RevenueUS$ 72 billions
ethylene production: 2,4 millions ton/year
gas sales: 45,000 m3/day
proven reserves: 14.9 billions of boe (SEC)
oil and gas production:*2,217 million boe/day
6,154 gas stations in Brazil (33% of retail market)
25% of retail market in Bolívia and 14% in Argentina
727 gas stations inArgentina
Pipelines: 30.343 km
Gas & EnergyGas & Energy
PetrochemicalsPetrochemicals RetailingRetailing
E&PE&P
*Brazil and abroad
Refine, Transportation,
Trading
Refine, Transportation,
Trading
Oil rings in operation: 97Vessels: 50 owned and 75 tcp
Thermoelectric: 9 – 3.2 GW
Strategic Planning for BiofuelsStrategic Planning for Strategic Planning for BiofuelsBiofuels
Petrobras MissionPetrobras Mission
Operate in a safe and profitable manner in the oil, gas and energy industry in Brazil and abroad, with social and environmental responsibility, providing products and services that meet client's needs.
Business StrategyBusiness Strategy
Diversify the business portfolio (emphasizing petrochemicals, logistics and commercial operations of new energy products), anchored in the synergy of downstream assets and capabilities;
Develop, coordinate and implement activities related to energy efficiency and renewable energy at Petrobras companies and to final consumers.
Selective entry into renewable energy projects.
Corporate Target for Carbon CreditsCorporate Target for Carbon Credits
Carbon credits generated in renewable energy projects 1,200 million CO2by 2010.
Business StrategyBusiness StrategyBusiness Strategy
Renewable EnergyInvestments will go towards the following priority sources energy:
Biomass energyPhoto voltaicBio-diesel production
Main targets for 2010Availability or 169 MWProduce 8,200 bpd of biodiesel
EMBRAER – E100
Fuel Ethanol Program EvolutionFuel Ethanol Program Evolution
Brazilian ExperienceBrazilian ExperienceBrazilian Experience
Program for oil imports reduction Environmental Benefits
70’s 80´S 90´S
EthanolProgram
Implanted(BLENDS)
Gasohol and Ethanol Cars(2nd oil shock)
Program of Emission Controls
(PROCONVE)Gasohol and Flex fuel Cars
00´S
RenewableHydrogen
Future
Why did ethanol become a fuel in Brazil?Why did ethanol become a fuel in Brazil?Why did ethanol become a fuel in Brazil?
Brazil was an oil importer;
Looking for fuel diversification;
An alternative and internal solution;
First car operating
100% ethanol
Fiat 147 – 1979
Brazilian Energetic Matrix - 2004Brazilian Energetic MatrixBrazilian Energetic Matrix -- 20042004
Renewable Sources 43.9%
Hydroelectricity14.4%
Uranium 1.5%
Coal 6.7%
Natural gas 8.9%
Other renewable sources 2.7%
Wood 13.2%
Sugarcane 13.5%
Petroleum and derivatives 39.1%
100% = 213.4 millions [toe] Source: Brazilian Energy Balance (2005)
INTEGRATED SUGAR & ETHANOL PRODUCTIONINTEGRATED SUGAR & ETHANOL PRODUCTIONINTEGRATED SUGAR & ETHANOL PRODUCTION
Process Heat & Cogeneration
Sugarcane Transport,Cleaning & Crushing
JuiceTreatment
Bagasse
Sugar Production
HydrousEthanol
Distillation Fermentation
DehydrationAnhydrous
EthanolMolasses
PrimaryJuice
Secondary +Filter Juice
Source: UNICA
Ethanol: Learning CurveEthanol: Learning CurveEthanol: Learning Curve
Trend (Rotterdam Gasoline Prices)
Prof. Goldemberg, Coelho, Nastari and Lucon - USP
Trend(Anhydrous Ethanol Prices)
More than 400 types of Sugar-Cane
FFV changed fuel market:FFV changed fuel market:Consumer want to decide the fuel at the gas station
Fuel price is one the most important factor
Consumer is aware of pollution and renewable fuels
Today cars manufacturer is producing 80% of FFV in Brazil
Why FFV in Brazil?Why FFV in Brazil?Why FFV in Brazil?
010,000
20,00030,000
40,00050,000
60,00070,000
80,00090,000
100,000110,000
120,000130,000
140,000150,000
units
Jan-
03Fe
b-03
Mar
-03
Apr
-03
May
-03
Jun-
03Ju
l-03
Aug
-03
Sep-
03O
ct-0
3N
ov-0
3D
ec-0
3Ja
n-04
Feb-
04M
ar-0
4A
pr-0
4M
ay-0
4Ju
n-04
Jul-0
4A
ug-0
4Se
p-04
Oct
-04
Nov
-04
Dec
-04
Jan-
05Fe
b-05
Mar
-05
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6
LIGHT VEHICLES TOTAL SALES
Ethanol Gasoline FFV
LIGHT VEHICLES FLEET(thousand units)
9,08810,463
11,399 12,01912,755
13,506 14,075 14,439 14,680 14,431
3,716
3,4713,221
2,9722,712
2,4492,230 1,996 1,820 1,678
499
546597
632686
734764 782 810
843
335 1,108
1,004807626439288
1435718
9
5
44
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Gasoline Ethanol Diesel Oil CNG FFV
FFV since 2003CNG vehicles
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
jan/
04 feb
mar apr
may jun jul
aug
sep
oct
nov
dec
jan/
05 feb
mar apr
may jun jul
aug
sep
oct
nov
dec
jan/
06 feb
mar
Light Vehicles Sales
FFV Gasoline Diesel Oil Ethanol
North and Central America
37%
Europe
9.8%
South America
38%
Asia
16.2%
Ethanol global market – 46.5 Billions LitersEthanol global market – 46.5 Billions Liters
Brazil35%
Brazil35%
A New Opportunity for BusinessA New Opportunity for BusinessA New Opportunity for Business
How much the production can be increased to attend the demand with social responsibility?
Main Production Areas in Brazil Main Production Areas in Brazil Main Production Areas in Brazil
Source: Brazilian Government
Mid South Region - 89% Production
North East Region - 11% Production
61%3%
8%1%
2%5%4%
5%5% 2%
2%1%1%
Potential Land for Sugar CanePotentialPotential LandLand for Sugar for Sugar CaneCane
LowUnusable
HighMedium
Withouth Irrigation
CTC - UNICAMP
Land use in BrazilLandLand use in use in BrazilBrazil
851370180
619759
7,626390
• Total country• Native Amazon Forest• Secondary Amazon Forest and Others• Native Forests• Pasture• Temporary Cultures• Permanent Cultures• Available land• Available land with low impact (*)
Area(Mha)Type
Source: FAO, 2002 and EMBRAPA (*)
Ethanol Logistic to Export Ethanol Logistic to Export Ethanol Logistic to Export
Marine Terminal Rio de Janeiro
Marine Terminal São Paulo
New Ethanol Pipeline (800 km)
New Water Wayfor Ethanol Ethanol Export
8.0 Million m3 in 2012
Sustainable EnergySustainable EnergySustainable Energy
EthanolEthanol EthanolEthanolGuarantee of
social responsibility
Guarantee of Guarantee of social social
responsibilityresponsibility
CO2Capture
Ethanol
Production
Ethanol
Use
CO2Emission
Facts about Ethanol Market in 2005Facts about Ethanol Market in 2005Facts about Ethanol Market in 2005
Ethanol as a Fuel is 30.6 Billions LitersEthanol as a Fuel is 30.6 Billions Liters
Ethanol as a Fuel is 67% of total ethanol productionEthanol as a Fuel is 67% of total ethanol production
Today the ethanol consumption is 2.6% of gasoline MKTToday the ethanol consumption is 2.6% of gasoline MKT
10% of ethanol in gasoline will represent 118 Billions Lt10% of ethanol in gasoline will represent 118 Billions Lt
608 x 103 KCAL
598 x 103 KCAL
512 x 103 KCAL
1718 x 103 KCAL
1 Ton Sugar Cane
SUGAR 153 KG
BAGASSE(50% UMIDADE)
276 KG
LEAVES (*)(15% HUMIDY)
165 KG
1 Ton-Field1718 x 103 KCAL
1.2 boe
1 boe1,386 x 103 KCAL
~=
Ethanol global market is 46.5 Billions LitersEthanol global market is 46.5 Billions Liters
Ethanol as a Fuel around the WorldEthanol as a Fuel around the WorldEthanol as a Fuel around the World
Reduction of the oil dependence
Energy diversification
Agribusiness development
MTBE and lead replacement
Kyoto Protocol
Carbon Credit Opportunities
Why Ethanol Market is now an alternative?Why Ethanol Market is now an alternative?
Guarantee of Supply• Reliable and stable supply
Contracts:• Development of price mechanism• Infrastructure development
International Ethanol Prices:• On line information
International Future Market(international commodity)
Ethanol as a Fuel - New MarketEthanol as a Fuel Ethanol as a Fuel -- New MarketNew Market
Conclusion Conclusion Conclusion
Petrobras, as an integrated energy company, can have an important role in the development of this market and contribute
to develop friendly and environmental solutions.
Petrobras, as an integrated energy company, can have an important role in the development of this market and contribute
to develop friendly and environmental solutions.
Sillas Oliva [email protected]
Ethanol and Oxygenate Manager
Sillas Oliva [email protected]
Ethanol and Oxygenate Manager