2 Hrs
Source:
الصحيفة
_1777011671128_85597701.png&w=64&q=75){kind=small}
Shell Secures Fuel Outlet
Shell has granted its trading arm exclusive rights to buy around 150,000 tonnes a year of output from the planned renewable fuels plant in Nador, or an equivalent volume of renewable diesel, along with bio-naphtha and bio-propane. The plant is targeted to begin operations in October 2028. The agreement provides an outlet for marketing the production, but does not clarify whether Shell will also supply feedstocks. This contrasts with its project in Ain Sokhna, Egypt, where Shell acts as the main supplier and buyer under an agreement covering the plant’s entire output. The Nador project plans to collect used oils and fats locally and make up any shortfall through imports, while the European Bank for Reconstruction and Development is considering a loan of up to $135 million for the project.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)