{"id":523218,"date":"2022-09-19T17:39:43","date_gmt":"2022-09-19T12:09:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=523218"},"modified":"2022-09-19T17:39:43","modified_gmt":"2022-09-19T12:09:43","slug":"neste-launches-study-to-quit-crude-oil-at-finnish-refinery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/neste-launches-study-to-quit-crude-oil-at-finnish-refinery\/","title":{"rendered":"Neste launches study to quit crude oil at Finnish refinery"},"content":{"rendered":"<p>Finland&#8217;s Neste on Monday said it was looking into replacing crude oil with renewable feedstock at its Finnish oil refinery, the last one of its plants to use the fossil fuel.<\/p>\n<p>&#8220;The transformation under study would start with the co-processing of both renewable and circular feedstock,&#8221; Neste said in a statement, adding the refinery&#8217;s long-term capacity could be between 2 million and 4 million tonnes per year.<\/p>\n<p>Neste said it had launched a strategic study which could lead to the firm quitting crude oil at the Porvoo site in southern Finland in the mid-2030s.<\/p>\n<p>Neste has three refineries of which the Finnish is the only one using crude oil.<\/p>\n<p>&#8220;Transformation of such scale would create the need for significant investments over the coming decade,&#8221; it said without providing further detail on costs.<\/p>\n<p>It was also exploring possibilities to produce green hydrogen at the site.<\/p>\n<p>Russian oil used to account for more than two-thirds of Neste&#8217;s crude oil feedstock but the refiner swapped it for North Sea oil days after Russia invaded Ukraine in February 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finland&#8217;s Neste on Monday said it was looking into replacing crude oil with renewable feedstock at its Finnish oil refinery, the last one of its plants to use the fossil fuel. &#8220;The transformation under study would start with the co-processing of both renewable and circular feedstock,&#8221; Neste said in a statement, adding the refinery&#8217;s long-term capacity could be between 2 million and 4 million tonnes per year. Neste said it had launched a strategic study which could lead to the firm quitting crude oil at the Porvoo site in southern Finland in the mid-2030s. Neste has three refineries of which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-523218","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=523218"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523218\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=523218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=523218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=523218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}