Lukoil testing algae-based biodiesel at Bulgarian refinery, selling fuel from waste in Finland

MOSCOW. July 19 (Interfax) - Lukoil is studying possibilities for developing and producing new energy products, the Russian oil company said in a sustainability report for 2022.

A project for experimental production of third-generation biofuel (biodiesel and sustainable aviation fuel (SAF)) based on AlgenCrude, which is made from algae, has been worked out with a partner at Lukoil's oil refinery in Bulgaria, the report said.

Another project, to produce pyrolysis oil, has been developed with the municipality of Burgas and prepared for the experimental stage.

In Finland, Teboil Green+, a fuel made completely from waste and residual stock, has become available to retail and small wholesale customers. "The carbon footprint of the product is 90% lower than conventional fuel," the company said.

Before, Teboil Green+ was available only for direct container shipments with a minimum amount of 2,000 liters, but in 2022 it began to be supplied to Teboil filling stations in three Finnish cities. "Now customers can fuel up directly at filling stations or buy it in portable jerry cans," Lukoil said.

The oil refinery in Italy that Lukoil sold in the spring of 2023 produced its first batch of biodiesel with added palm oil processing by-products last year and did trial runs of hydrotreatment units to process renewable and mineral fuel.