OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
- Admin
- Jun 12, 2024
- 1 min read
OMV Petrom is investing 750 million euros in Petrobrazi to become the major producer of sustainable fuels in Southeast Europe. The investment includes a SAF/HVO facility and two green hydrogen production facilities. By 2028, the company aims to supply around 250 kt/year of sustainable fuels. The CEO, Christina Verchere, and Radu Căprău from OMV Petrom highlighted the importance of biofuels for low-carbon transport. The company is committed to a total investment of 11 billion euros by 2030 for decarbonization.
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