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12

Mar

OMV Petrom starts construction of sustainable fuels unit at Petrobrazi Refinery

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OMV Petrom, the largest integrated energy producer in Southeastern Europe announces the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery. This new facility will position OMV Petrom as the first major producer of sustainable fuels in the Southeast Europe, with an annual capacity of 250,000 tons.

Christina Verchere, CEO of OMV Petrom: “Investing in sustainable fuel production is part of our Strategy 2030 and reflects OMV Petrom’s commitment to energy transition and reducing carbon emissions. Sustainable fuels are essential to decarbonize transportation, especially in sectors where electrification is difficult to implement, such as aviation. Between 2022 and 2030, we are allocating 35% of our investment budget towards projects that support the energy transition, in Romania and the region.”

Read the full article here.