In Uruguay, Mercopress reported that Uruguayan state-owned oil company Ancap, through Alcoholes del Uruguay (ALUR), signed an agreement with HIF Global to implement an ambitious green hydrogen and synthetic fuels project in Paysandú. The investment, estimated at US$6 billion, aims at producing 700,000 tons per year of renewable fuels. According to HIF, the plant could generate more than 3,000 jobs during its construction and 300 permanent jobs. The project includes the provision of biogenic CO2 by ALUR, which will supply 150,000 of the 900,000 tons required annually. Ancap highlighted the environmental benefits, noting that the plant will reduce greenhouse gas emissions and decarbonize more than 150,000 vehicles with its electronic fuel. Currently, the project awaits the resolution of the change of land use and environmental viability.
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