Bio fuel refinery planned in Fujairah

Petrixo Oil & Gas, based in Dubai, announced on Tuesday it has completed the preparation of studies, engineering designs and selected the required technologies to set up a bio-fuel refinery in Fujairah, with a design capacity of one million metric tons per year of bio fuel products, which include bio diesel, green diesel, bio jet, bio naphtha and bio LPG, with investment of over $800 million.

The project will be set up over about 460,000 square metres of land in proximity to Fujairah Free zone & Port of Fujairah where Petrixo has incorporated a consortium of major international companies and financial institutions to set up the project.