September 06, 2008

Petrobras joins Mitsui for pipeline in Brazil

It is reported that Brazil Petrobras signed a partnership with Japan’s Mitsui & Company Limited and Brazil Camargo Correa SA to develop the conceptual and basic engineering for an ethanol pipeline that will be built between Senador Canedo Municipality and Paulinia where Petrobras' Paulinia refinery is located.

As per report Petrobras will conduct detailed engineering and construction, which is expected to take two years. The USD 1.6 billion project includes a second section that will connect the Tiete to Parana waterway to Paulinia's ethanol terminal.

This ethanol pipeline will start in Senador Canedo and run through Uberaba, Riberao Preto, Paulinia and Guararema. The 1,150 kilometer pipeline will be built with 180,000 tonnes of carbon steel pipe, which will be able to transport 6 billion liters of ethanol. About 12 million cubic meters per year of ethanol will be transported between Paulinia and Guararema cities.