OMV Petrom, the largest energy company in South-Eastern Europe, has invested around 21 million euro at the Petrobrazi refinery to increase mixing capacity and improve infrastructure for transporting, unloading and storing bio-components in the refinery. OMV Petrom supplies fuels with a bio-volumetric content of 6.5% in diesel and 8% in petrol.

Following investments of around 21 million euro allocated since 2018, Petrobrazi has increased its capacity to blend biofuels into fuels from 200 kilotons to about 350 kilotons per year. According to European regulations, the renewable energy content of transport fuels must increase from 10% in 2020 to 14% in 2030 to support the targets for reducing greenhouse gas emissions from transport. Bio-component targets are set as energy substitution targets, where each fuel has a different energy content.

“We are an energy company and we want to be part of the solution for cleaner energy. We invest in obtaining fuel with a high level of organic content, as well as in alternative solutions for mobility and in various other sustainable projects. It is a combined effort at all levels of our company, because we aim to reduce carbon emissions by 27% by 2025 compared to 2010,” said Radu Căprău, member of the Management Board of OMV Petrom, responsible for the Downstream Oil activity.

Petrobrazi has a total crude oil processing capacity of 4.5 million tons per year. Since 2005, OMV Petrom has invested around 1.8 billion euro in the refinery.