In Spain, bp Energy Spain has signed a strategic agreement with Spanish agri-food group MIGASA for the annual supply of up to 40,000 tons of non-food industrial waste from vegetable oil for a decade.
bp will use these bio-based feedstocks together with other fossil feedstocks to co-process renewable fuels at its Castellón refinery, such as HVO for heavy road transport, or SAF for aviation.
“Biofuels can play a key role in decarbonizing hard-to-electrify sectors such as aviation, shipping and heavy road transport. When used on a large scale, these fuels can help reduce life-cycle emissions in these sectors, which is why we are investing and collaborating with customers and partners such as MIGASA to expand our offering of advanced fuels derived from renewable sources,” said Olvido Moraleda, President of bp Spain.
This agreement, signed for a period of 10 years with the possibility of extension, allows bp to ensure the availability of raw materials to produce biofuels. It includes the possibility of identifying new opportunities in the future for the reuse of vegetable oil waste.
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Tags: bp Energy Spain, HVO, MIGASA, SAF, Spain
Category: Fuels
