Petrobras gets refinery permit; fuel unlikely to flow until 2015
RIO DE JANEIRO Nov 3 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA received a license to start operating its long-delayed RNEST, or "Abreu e Lima" refinery in Brazil's northeast, a spokeswoman for the Pernambuco-state environmental agency told Reuters on Monday.
The 230,000 barrel-a-day refinery is unlikely to deliver fuel to the Brazilian market until early 2015, said a source with direct knowledge of fuel-distribution plans at Petrobras, as the oil company is known.
The nearly $20 billion refinery was supposed to start its first 115,000 barrel-a-day refining unit this week. The second unit is expected to start sometime in mid 2015. (Reporting by Jeb Blount and Marta Nogueira; Editing by Diane Craft)
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