Thu Oct 31 06:01:25 UTC 2024: ## BP Secures Approval for A$580 Million Biorefinery Conversion in Australia, Aiming to Decarbonize Industries

**Perth, Australia** – BP has received the green light from the Western Australian government to transform its Kwinana refinery site into a renewable energy hub, marking a significant milestone in the company’s commitment to decarbonization. The A$580 million ($386 million) investment will see the 250-hectare site become a producer and supplier of renewable fuels and energy products.

The biorefinery, slated to begin operation in 2026-27, will utilize a 10-hectare portion of the site and repurpose existing infrastructure like hydrofining units and storage tanks. It will primarily focus on producing sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) from renewable sources like canola oil.

This project aligns with BP’s broader vision for the Kwinana Energy Hub, which aims to integrate renewable fuel production with green hydrogen initiatives. The hub is expected to play a crucial role in decarbonizing industries like aviation and others heavily reliant on diesel engines.

“By transitioning to low-carbon liquid fuels, BP expects to aid hard-to-abate sectors in reducing their carbon footprints substantially,” said a BP spokesperson. The company is advocating for government incentives like production tax credits to stimulate investment in domestic renewable fuel production, enabling Australia to compete globally in the LCLF industry.

The Kwinana refinery, previously a significant supplier of fuel to the Australian market, transitioned to an import facility in 2021. This conversion marks a significant shift towards a cleaner energy future for Australia.

**Note:** This news article was rewritten based on the provided text, focusing on the key elements of the BP biorefinery project. It summarizes the project’s scope, aims, and potential impact on the Australian energy landscape.

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