____________________________________________________________________________________ Braya
Renewable Fuels
▲ First diesel product vessel docked in Placentia Bay , NL loading ~ 300,000 barrels of renewable diesel on March 28 , 2024
In terms of green hydrogen , we have a publicly announced partnership with ABO Wind for the joint development of green hydrogen production at our refinery
change is happening , and this gives us an alternative fuel to help decarbonize very difficult-to-abate heavy industries . We restarted the facility in February 2024 , and it has been running well . We did this in the middle of winter , which is no mean feat for this part of the world and wouldn ’ t have been possible had it not been for our phenomenal local team . I am proud to say that we did it safely , and we did it environmentally responsibly ,” he enthuses .
The refinery ’ s strategic location enables it to source low-carbon feedstocks from suppliers across the globe while delivering sustainable fuels to low-carbon markets in North America and Europe . All feedstocks are received and transported by ships via the deep-water dock , and tankage has been repurposed to house feedstock and products . “ The plant ’ s geographic location ,” Todd continues , “ is in a unique corner of maritime Atlantic trade routes . This means we can effectively source our feedstock from anywhere in the world , and subsequently , supply our product to anywhere in the world . Another key differentiator for us is that being Canadian , we ’ re not bound by The Jones Act . This is a 1920 US federal law that limits how cargo is transported by sea . It requires any cargo shipped between US ports to be carried by US ships , with American crews . For example , plants along the US Gulf Coast must book a Jones Act vessel to go through the Panama Canal and supply product
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