Economy

Petrobras' logistics improvement program should cut costs by more than R$1 billion

The Logistics Infrastructure Optimization Program (Infralog) should generate approximately R$1.8 billion (US$719 million) in savings for the company.

Petrobras Agency
01/12/2014 15:35
Petrobras' logistics improvement program should cut costs by more than R$1 billion Imagem: Petrobras Agency Visualizações: 1081 (0) (0) (0) (0)

One of a series of management improvement measures adopted by Petrobras in the last two years, the Logistics Infrastructure Optimization Program (Infralog) should generate approximately R$1.8 billion (US$719 million) in savings for the company from the time it was created (November 2012) until the end of this year. By 2013, the program had already cut costs by around R$800 million. Petrobras’ target is to save R$4 billion (US$1.6 billion) in four years (from November 2012 to December 2016). Infralog covers logistics actions throughout Brazil, encompassing the areas of oil and natural gas exploration, production, and transportation, and refining, distribution and sale of products.

 

The solutions adopted include adapting and expanding the capacity of pipelines serving Petrobras’ refineries. This has enabled pipelines built to pump refinery production to more distant markets to be adapted to bring in products from other components of the Petrobras system. The pipelines’ capacity has been increased merely through increased pumping and the use of friction reduction products.

 

Petrobras has also opted to use existing ports and airports rather than building new support bases for its ship and helicopter operations. In addition, the use of buoys – simpler to build and operate – has replaced projects to build terminals for petroleum transfer operations.

 

Infralog is one of Petrobras’ structuring programs aimed at setting new benchmarks for productivity, management and strict control in its investment projects, ensuring disciplined use of the financial resources provided as part of the 2014-2018 Business and Management Plan. The company’s other structuring programs are the Operating Cost Optimization Program (Procop), the Well Cost Reduction Program (PRC-Poço), the Operational Efficiency Improvement Program (Proef), the Divestment Program (Prodesin), and the Subsea Installations Cost Reduction Plan (PRC-Sub).

Most Read Today
see see
FIRJAN
Despite Tariff Hikes, Oil Drives Rio's Trade Flow Up 9% ...
27/02/26
Royalties
December Production Royalty Payments Distributed to Stat...
26/02/26
Award
BRAVA Energia Wins Top Honor at OTC Houston for Atlanta ...
26/02/26
Strategic Agenda
ABPIP Presents 2026 Strategic Agenda to Chairman of the ...
26/02/26
People
TVO Enhances Project Management Expertise
26/02/26
Memorandum of Understanding
Wärtsilä and Abu Dhabi Maritime Academy explore collabor...
12/02/26
Pre-Salt
Petrobras platform P-79 arrives at the Búzios field
12/02/26
Results
Petrobras’ oil and gas production rises 11% and reaches ...
12/02/26
Permanent Offer
Comprehensive and Unprecedented Joint Statement Speeds U...
12/02/26
PPSA
MME and MMA Clear Strategic Pre-Salt Areas, Enabling the...
12/02/26
Biomethane
Biomethane in Focus with Debate on Credit, Regulation, a...
12/02/26
People
Mario Ferreira is the New Commercial Manager at Wiz Corp...
11/02/26
Visas Agreement
Brazil implements electronic VISIT Visa for Chinese citizens
22/01/26
Biofuels
Sifaeg Highlights New Investment Cycle and the Consolida...
21/01/26
Drilling
Foresea’s Norbe IX Drillship Undergoes Scheduled Mainten...
21/01/26
State of Ceará
Companies from Ceará lead the H2MOVER-Pecém project, sel...
08/01/26
Maritime Support
Ambipar carries out more than 600 port and maritime emer...
07/01/26
Petrobras
Petrobras celebrates 20 years of the Santos Basin Unit
07/01/26
Pelotas Basin
TGS launches maritime safety application for operations ...
07/01/26
Diesel
Petrobras and Vale move forward with fuel supply partnership
07/01/26
ANP
In November, Brazil produced 4.921 million boe/d
07/01/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.