Italian oil major Eni will convert the 105,000 b/d Livorno facility into a 500,000 metric ton/year biorefinery by 2026 to meet growing demand for biofuels in Europe from the transport sector, the company said in a news release on Monday.

The biorefinery will include a biogenic feedstock pre-treatment unit and a facility to produce hydrogen from methane gas.

This follows the conversion of the 400,000 mt/year Venice refinery into a biorefinery in 2014 and the 750,000 mt/year Gela biorefinery in 2019. The capacity of the Venice biorefinery will be expanded to 600,000 mt/year in 2024, said Eni.

"Eni has stopped importing crude oil and initiated the shutdown of the lubricants production lines and topping plant," Eni said of the Livorno refinery in the news release.

The biorefineries will process biogenic feedstocks such as vegetable waste and residue to produce hydrotreated vegetable oil (HVO) diesel, HVO naphtha and bioLPG.

Eni aims to achieve carbon neutrality by 2050 and increase bio-refining capacity to over 5 million mt/year by 2030 from 1.65 million mt/year currently.


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--Reporting Stacy Maphula, smaphula@opisnet.com; Editing by Rob Sheridan, rsheridan@opisnet.com

(END) Dow Jones Newswires

01-29-24 1201ET