Cresta Fund Management’s Braya Renewable Fuels has started commercial production of renewable diesel at Braya’s refinery operations in Come by Chance, Newf.
The production marks the completion of the conversion of NARL Refining LP’s former 130,000-b/d refinery into a production hub for renewable diesel and sustainable aviation fuel and establishes Braya as one of the largest independently owned renewable fuel producers in the world, the company said in a release Feb. 22.
Originally expected to begin production in third-quarter 2022, Phase 1 of Braya’s Come-by-Chance conversion included a retrofit to a portion of the refinery to process feedstocks, which include soybean oil and distiller’s corn oil. Braya expects initial production capacity of 18,000 b/d of renewable diesel. All feedstock will be received by ships via the dock, and all renewable products will be shipped by ships via the dock. Tankage will be repurposed to house feedstock and products.
The company said future plans are to expand production capacity, add sustainable aviation fuel production capabilities, and explore green hydrogen production. No additional details on future plans were provided. The company previously noted plans for a second phase of the project to double production capacity to about 36,000 b/d (OGJ Online, Feb. 14, 2022; June 8, 2022).
Mikaila Adams | Managing Editor - News
Mikaila Adams has 20 years of experience as an editor, most of which has been centered on the oil and gas industry. She enjoyed 12 years focused on the business/finance side of the industry as an editor for Oil & Gas Journal's sister publication, Oil & Gas Financial Journal (OGFJ). After OGFJ ceased publication in 2017, she joined Oil & Gas Journal and was named Managing Editor - News in 2019. She holds a degree from Texas Tech University.
