Ex-McDonald's in Russia feeds waste cooking oil to fuel Gazprom Neft's vessels

05.02.2024 11:53:41

July 20, 20239:43 AM EDTUpdated 7 months ago

ST PETERSBURG, Russia, July 20 (Reuters) - Russia's successor to McDonald's has teamed up with energy company Gazprom Neft (SIBN.MM), opens new tab to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints, the companies said on Thursday.

Russia has said it was still committed to its climate targets despite the deepest political rift with the West in decades. Biofuels are widely considered to be less harmful in terms of emissions than conventional fuels.
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Gazprom Neft's bunkering business subsidiary, Gazprom Neft Marin Bunker, said it was the first company in Russia to feed a vessel with marine fuel blended with biofuel in the Baltic Sea port of St. Petersburg.
It said the new fuel is in compliance with technical regulations and can be used for most sea and river vessels.
Vkusno & tochka, or "Tasty and that's it", which took over from McDonald's in Russia last year after the U.S. hamburger chain shut restaurants and exited the market in opposition to Russia's actions in Ukraine, is part of the project as well as a company called Ecoway.