Fire at the largest refinery in Brazil forced Petrobras to suspend activities

Petrobras, the state-owned oil company in Brazil, said it had to shut down production at its largest refinery, located in the state of Sao Paulo, and refinery Paulina (Replan) was called, after Monday morning a fire took place, a situation that was already controlled and no one wounded.

This refinery has a capacity to produce 434,000 barrels of oil per day, representing 20% ​​of the total Petrobras in the country.

According to reports from the fire brigade, the fire took place at 01.00 local time (03.00 GMT), in one of the refinery's boilers. The flames were quickly checked.

The state oil company said that an investigation was opened due to the incident and that production was preventively stopped. Petrobras, except for an oil giant, is the largest company in Brazil and has traded shares on the stock exchanges of Sao Paulo, New York and Madrid.

He goes through a phase in which he tries to recover from a four-year loss. In this process, 2018 was a year of recovery, reducing its debt in dollars by 13% since the end of last year.

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