Eni SpA and the European Funding Financial institution (EIB) executed a 15-year, EUR 500-million ($575.62 million) mortgage on Wednesday to allow biofuels manufacturing on the Italian power main’s Sannazzaro de’ Burgondi refinery in Pavia, Lombardy.
A joint assertion stated that is Eni’s second biorefining venture to be bankrolled by the EIB, which in July 2025 dedicated EUR 500 million for the conversion of Eni’s Livorno refinery. Eni expects to finish the Livorno venture this 12 months.
EIB vice chairman Gelsomina Vigliotti stated concerning the Sannazzaro de’ Burgondi venture, “By this initiative, the EIB goals to strengthen Europe’s capability to provide superior fuels and to advertise the round and sustainable use of assets”.
- Advertisement -
Eni chief government Claudio Descalzi stated, “To ship a tangible transition in direction of power options which have an more and more low environmental impression, it’s important to create companies that may develop and generate worth. We obtain this by combining know-how and the flexibility to ship industrial-scale tasks on the one hand, with a broad and rising buyer base on the opposite”.
“We see biorefining and biofuels as a elementary part to assist the progressive decarbonization of transport – relevant throughout all segments of the sector, and already effectively aligned with current demand.
“We’re the second largest producer of biofuels in Europe and are engaged on three refinery conversions in Italy. This follows the completion of two others in Venice and Gela, that are already making a serious contribution in direction of a extra environmentally sustainable provide for the transport sector”.
Eni introduced a last funding choice on the Sannazzaro de’ Burgondi biorefinery February 25.
The refinery will proceed conventional operation whereas including a brand new processing capability of 550,000 metric tons a 12 months for biofuel feedstock, primarily waste and residues. Anticipated to start out operations 2028, the biorefinery may have the pliability to provide hydrogenated vegetable oil (HVO) diesel and sustainable aviation gas (SAF), in response to Eni.
“Demand for SAF, pushed by the mixing mandates of the ReFuelEU Aviation Regulation, is anticipated to develop quickly from 2030 onwards – underpinning the technical and financial robustness of the initiative and its long-term sustainability”, Wednesday’s assertion stated.
“HVO biofuels play a key position, as they will ship a direct contribution to emissions discount alongside worth chains for all the transport sector, together with aviation, street, maritime and rail transport.
“The conversion of the Sannazzaro web site is in line with the technique of Eni and Enilive [Eni’s biofuels arm] to extend biofuel manufacturing in response to rising demand in Europe and Italy, each to fulfill the emissions discount targets set out within the Renewable Vitality Directive, and to adjust to Italian rules on inserting pure biofuels available on the market”.
On February 3 Eni introduced a partnership with Kuwait Petroleum Worldwide Ltd to collectively develop one other Italian biorefinery in Priolo, Sicily.
Designed to provide as much as 500,000 metric tons each year of HVO diesel and SAF, the Priolo venture will rise on the positioning of an Eni ethylene plant set to be decommissioned.
Focused to be accomplished 2028, the Priolo biorefinery will likely be fed primarily by vegetable waste and oils and animal fat, in response to Eni.
Late final 12 months Eni, Euglena Co Ltd and Petroliam Nasional Bhd (Petronas) started development on a biorefinery with a processing capability of 650,000 metric tons each year in Pengerang, Johor, Malaysia.
To be put into operation 2028, the power is anticipated to provide bio-naphtha, HVO and SAF, in response to a joint assertion November 10, 2025.
Feedstocks will embody wastes similar to used vegetable oils and animal fat, in addition to residues from processed vegetable oils, in response to Eni.
Eni’s present biofuels manufacturing come from two Italian crops in Venice and Gela and a United States plant in Louisiana, operated underneath its 50 percent-owned three way partnership St Bernard Renewables LLC. These have a mixed manufacturing capability of 1.65 million metric tons each year (MMtpa), in response to Eni.
It goals to lift its biofuel manufacturing capability to 5 MMtpa by 2030, with plans for SAF to account for over two MMtpa.
To contact the creator, e mail jov.onsat@rigzone.com
