This excerpt taken from the PBR 6-K filed Jul 6, 2009.
Start up of the pre-salt oil refining
Rio de Janeiro, July 02, 2009 PETRÓLEO BRASILEIRO S/A - PETROBRAS, informs that, on June 30, it started up at Capuava Refinary (Recap) the refining of the first oil from Tupi field, located at the pre-salt area of Santos Basin.
The oil, offloaded from Tupi Extend Well Test (EWT) production system, presented the following characteristics: gravity of 28.5º API, low sulfur and low acidity.
The start of this process will be relevant to evaluate the quality and potentiality of the oil products produced using the pre-salt oil.
This document may contain forecasts that merely reflect the expectations of the Companys management. Such terms as anticipate, believe, expect, forecast, intend, plan, project, seek, should, along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 02, 2009
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