Brazil's 1Q base oils output rises by 21pc

Brazil's first quarter base oils production increased by 21pc from the same period in 2023, according to hydrocarbons regulator ANP.

January-April output increased to almost 210,000 metric tonnes (t) this year.

Production reached nearly 49,000t in April, an 8pc increase from the same month last year, but a 6pc tumble from March.

The 239,000 b/d Reduc refinery, in southeastern Rio de Janeiro state, produced nearly 39,700t of base oils in April, a 10pc hike from the same last year, but an 8pc drop from March. The unit was responsible for 81pc of Brazil's total production in April.

Petrobras' 8,000 b/d Lubnor naphthenic base oils unit produced almost 4,780t, up by 19pc from April 2023 and a 1pc dip from March.

The 300,000 b/d Mataripe refinery — owned by Acelen, the Brazilian refining subsidiary of Abu Dhabi's Mubadala — produced around 4,510t in April, a 2pc increase from a year earlier, but a 5pc drop from March.

By Julio Viana

Jan-Apr brazilian base oils production t