OMV Petrom starts building sustainable fuels unit at Petrobrazi

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has commenced construction of a sustainable fuels production unit at its Petrobrazi Refinery. The initiative aligns with the company’s long-term strategy to support Europe’s energy transition and meet growing demand for low-carbon fuels.

This new facility will position OMV Petrom as the first major producer of sustainable fuels in Southeast Europe, with an annual capacity of 250,000 tons.

The project entails a total investment of EUR750 million (USD787 million), of which EUR560 million (USD588 million)  are allocated for the construction of the SAF/HVO unit, and EUR190 million (USD199 million)  for two green hydrogen production facilities.

“Investing in sustainable fuel production is part of our Strategy 2030 and reflects OMV Petrom’s commitment to energy transition and reducing carbon emissions. Sustainable fuels are essential to decarbonise transportation, especially in sectors where electrification is difficult to implement, such as aviation. Between 2022 and 2030, we are allocating 35% of our investment budget towards projects that support the energy transition, in Romania and the region,” said Christina Verchere, CEO of OMV Petrom.

The new unit is designed to produce sustainable aviation fuel (SAF) and renewable diesel using advanced technologies that minimise carbon emissions. Once operational, the facility will contribute to lowering greenhouse gas emissions in transportation sectors such as aviation, road freight, and marine shipping.

OMV Petrom’s investment reflects its broader commitment to innovation, sustainability, and energy security. The company has a refining capacity of 4.5 million tonnes annually and operates an extensive retail network across Romania and neighbouring countries. It is also a key contributor to Romania’s economy, having invested approximately EUR20 billion (USD21 billion) since 2005.