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    HomeNewsOMV Petrom secures its raw material for the production of sustainable fuels

    OMV Petrom secures its raw material for the production of sustainable fuels

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    • OMV Petrom and Expur (Expur S.A.) concluded a contract for the purchase of pre-treated vegetable oil intended for the production of diesel from renewable sources
    • At least 50% of the amount of pretreated vegetable oil supplied by Expur will be produced in Romania

    OMV Petrom, the largest integrated energy producer in Southeast Europe, has signed a contract with Expur S.A. for the supply of pre-treated vegetable oil. It will be used as feedstock in the Petrobrazi refinery’s sustainable aviation fuel (SAF) and renewable diesel (HVO) production facility, for which the company recently made its final investment decision.

    The contract was concluded for a period of six years, with the possibility of extension for another two years, with deliveries to begin in 2028. According to the contract, Expur will supply a maximum total quantity of more than 0.7 million tons, with an estimated value of more than 750 million euros, depending on the quantity ordered. The price is based on a formula that is indexed to an international quotation.

    Radu Căprău, member of the OMV Petrom Directorate, responsible for Refining and Marketing: “We are always looking for solutions for a transport with low carbon emissions, so that we remain the first choice for our customers in the future. Together with electro-mobility, biofuels are our answer to this challenge. Through the contract with Expur we secure part of the raw material to produce diesel from renewable sources, thus progressing towards our ambition to become the first major producer of renewable fuels in the region.” Expur S.A. is a Romanian company, part of the Avril Group, one of the largest producers of vegetable oil and diesel from renewable sources in Europe.

    Nikolay Belchev, CEO Expur S.A.: “At Expur, our projects and investments are focused on providing people with healthier food, protecting nature and supporting the circular economy. Last year we started the engines of a cogeneration plant, an investment of 15.5 million euros through which we use the husks from sunflower seeds to generate our electricity and the steam necessary for the operation of the factory in Slobozia. We are the most important employer in Slobozia and we continue to develop strategic partnerships like the one concluded with Petrom to support our long-term vision of becoming a leader in providing people with healthy food and renewable energy through excellence and innovation for a clean future. “

    At least 50% of the contracted amount of pre-treated vegetable oil within this partnership comes from Romania, thus ensuring a sustainable flow along the entire supply chain, from production to placing the product on the local market. OMV Petrom plans to invest about 1 billion euros for the decarbonization of transport in Romania, of which about 750 million euros for the construction of a SAF/HVO facility and two green hydrogen facilities within the Petrobrazi refinery.

    Last year, OMV Petrom acquired a 50% stake in “Respiră Verde”, a leader in the collection of used cooking oil in Romania, to secure a source of raw materials to produce biofuels. “Respiră Verde” collects up to 10 kt of used edible oil per year from economic agents in fields such as the hospitality industry (hotels, restaurants) and retail.

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