“Petrobras” will sell renewable bunker fuel
Brazilian “Petrobras” has received permission from the National Agency for Oil, Natural Gas and Biofuels to sell bunker fuels with renewable components, the company's press release.
B24 fuel with a very low sulfur content is obtained by mixing petroleum bunker fuel and biodiesel in a ratio of 76% to 24%. The biodiesel used is certified by ISCC EU RED (in the field of sustainable development and greenhouse gas emissions).
It should be noted that in 2020, IMO rules came into force prescribing the use of fuel with a maximum sulfur content of 0.5% in shipping instead of the previous 3.5% (with the exception of ships equipped with scrubbers).
According to S&P Global, against the background of this directive, in 2022, the consumption of low-sulfur marine fuel reached 143.1 million tons - 45% of total demand.
In addition, the World Shipping Council (WSC) recently proposed charging carbon charges from ships using high-emission fuels in favor of "clean" fuel vessels.
Energy
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Türkiye is ready to sell more gas to the European Union, but wants long-term commitments to justify investments in infrastructure, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar told Bloomberg. The minister added that Türkiye also prefers to do without complex swap operations, which the EU insists on, in order to avoid Russian gas supplies.
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In January-June of this year, 25 billion 79.6 mcm of natural gas were produced in Azerbaijan. The share of commercial natural gas accounted for 19 billion 141.1 mcm, the State Statistics Committee of the Republic of Azerbaijan. During the reporting period, natural gas production increased by 3.4% compared to the same period last year, and commercial gas production increased by 5.3%.
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In January-June of this year, 715.3 thousand tons of gasoline were produced in Azerbaijan, by 2.1% more than the same period in 2023, the report of the State Statistical Committee of Azerbaijan. In general, in the first half of this year, the total cost of oil products production in Azerbaijan amounted to 2,459.4 million manats, by 1.9% more than in the same period in 2023.
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Azerbaijan and Israel discussed projects in the field of "green energy", Energy Minister Parviz Shahbazov wrote on the social network "X". He noted that at the meeting with Israeli Minister of Regional Cooperation David Amsalem, the developing cooperation in the hydrocarbon sector, projects implemented in Azerbaijan in the field of production and export of renewable energy, as well as prospects for strengthening bilateral energy ties were discussed.
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