Santiago, Chile - October 25, 2023 - FERROSTAAL is developing a concept study on behalf of the state-owned oil and gas company ENAP to decarbonize part of its refinery business.

The National Oil Company (ENAP) will study the production of synthetic fuels in its refineries. To this end, it has signed a letter of intent with the companies FERROSTAAL Chile and Ineratec, which will carry out the corresponding feasibility studies under the leadership of FERROSTAAL.

The report, to be completed in the first quarter of 2024, will examine alternatives for the production of this type of fuel, evaluating in a first phase the construction of a 10 MW e-fuel plant with an annual production capacity of 3,500 tons at the company's sites. The development of infrastructure for H2V production in the Magallanes region is part of the ENAP 2040 strategy.

If this plant is built, it would be the largest of its kind in Chile and could therefore become a scalable model for the future. At the same time, it would be a step for ENAP to advance the production of synthetic fuels and further expand its product portfolio.

This type of technological development is in line with the state-owned company's strategy to enter the production of new fuels and contribute to the country's energy transition, as synthetic fuels do not require crude oil in their production phase and also emit 90% less particulate matter compared to conventional fuels.
FERROSTAAL is actively driving forward the expansion of production capacities for synthetic fuels with the aim of making Chile a global beacon in the e-fuels sector.