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Sales revenues (Tables)
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Sales Revenues
     2018      2017      2016  

Diesel

     28,076        25,049        25,524  

Diesel subsidy (note 19.1.1)

     1,415        —          —    

Gasoline

     15,757        16,765        16,263  

Liquefied petroleum gas

     4,490        3,999        3,083  

Jet fuel

     3,985        3,131        2,573  

Naphtha

     2,455        2,637        2,472  

Fuel oil (including bunker fuel)

     1,267        1,392        1,167  

Other oil products

     4,247        3,775        3,372  
  

 

 

    

 

 

    

 

 

 

Subtotal oil products

     61,692        56,748        54,454  
  

 

 

    

 

 

    

 

 

 

Natural gas

     5,613        5,174        3,952  

Ethanol, nitrogen products and renewables

     2,137        3,878        3,743  

Breakage

     687        —          —    

Electricity

     2,028        3,620        1,942  

Services and others

     862        913        811  
  

 

 

    

 

 

    

 

 

 

Domestic market

     73,019        70,333        64,902  
  

 

 

    

 

 

    

 

 

 

Exports

     15,925        13,075        8,439  

Sales abroad (*)

     6,640        5,419        8,064  
  

 

 

    

 

 

    

 

 

 

Foreign market

     22,565        18,494        16,503  
  

 

 

    

 

 

    

 

 

 

Sales revenues (**)

     95,584        88,827        81,405  
  

 

 

    

 

 

    

 

 

 

 

  (*)

Sales revenues from operations outside of Brazil, including trading and excluding exports.

  (**)

Sales revenues by business segment are set out in note 30.

Summary of Remaining Performance Obligations
25.3.

Remaining performance obligations

The company has current sales contracts with original expected duration of more than 1 year, in which volumes of goods or services for future sales are determined with their respective payment terms.

 

The estimated remaining values of these contracts at the end of 2018 presented below are based on volumes of goods and services for future sales, as well as prices prevailing at December 31, 2018 or practiced in recent sales when they reflect the more directly observable information:

 

     Total      Expected
recognition within
1 year
 

Domestic market

     

Gasoline

     60,589        10,128  

Diesel

     44,452        10,292  

Natural gas

     27,370        7,470  

Services and others

     9,226        1,470  

Ethanol, nitrogen products and renewables

     8,507        1,071  

Naphtha

     6,732        3,366  

Electricity

     5,255        1,021  

Other oil products

     4,881        453  

Jet fuel

     936        935  

Foreign market

     

Exports

     33,745        4,118  

Sales abroad

     313        26  
  

 

 

    

 

 

 

Total

     202,006        40,350