Global biofuel facility

A team of leading energy industry companies led by SGP BioEnergy have announced the development of the world’s largest biofuels production and distribution hub to date.

“Transportation makes up 27% of greenhouse gas emissions and the only way to decarbonise many sectors is to integrate fossil fuels with compatible biofuels,” said Randy Delbert Letang, CEO of SGP BioEnergy.

“This facility not only brings cleaner fuels online in the short term, but its construction at a central hub of global commerce, serving over 1,000 ports, catalyses the industry in the long term by immediately delivering a lower cost of biofuels, reducing waste and revolutionising farm economics.”

Forward thinking

Once complete in five years, Biorefineria Ciudad Dorada (Golden City Biorefinery), located in Colon and Balboa, Panama, will be the largest advanced biorefinery and Sustainable Aviation Fuel (SAF) production platform to date producing 180,000 barrels per day (2.6 billion gallons per year) of biofuel.

Developed in partnership with private landowners, Panama Oil Terminals (POTSA) and the government of Panama, this project will repurpose existing facilities currently processing and storing 70% of the country’s bunker fuel oil to the refinement and storage of biofuels derived from purpose grown plant oils and waste fats and greases. 

The refinery will be developed in three phases, each over a period of five years with the goal of increasing production by 60,000 barrels per day over each phase.

SGP BioEnergy has selected Fluor, the engineering, procurement and construction company,to perform the front-end engineering study.