Rio Tinto and bp sign one-year trial of marine biofuels
May 23 2022 - 03:00AM
Business Wire
Rio Tinto and bp have agreed to work together on a one-year
biofuel trial to help reduce carbon emissions from Rio Tinto’s
marine fleet.
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The RTM Tasman berthed for loading at
Iron Ore Company of Canada’s Sept-Îles port in Quebec, as part of
its first trial voyage using bp’s biofuel. (Photo: Business
Wire)
Under the trial, bp is supplying Rio Tinto with marine biofuel
for approximately 12 months. The fuel will be trialled on Rio
Tinto’s RTM Tasman vessel on a mix of Transatlantic and
Atlantic-Pacific routes, in one of the longest-duration marine
biofuel trials to date. The results of the trial will help Rio
Tinto study ways to reduce its carbon emissions from its marine
fleet and inform its future biofuel strategy.
Rio Tinto Head of Commercial Operations, Laure Baratgin said,
“Sustainable biofuels have the potential to be an important
transition fuel on the way to net-zero marine emissions and we are
pleased to be working with bp to carry out this long-term
trial.
“A longer-duration trial will provide important information on
the potential role and wide scale use of biofuels, and aligns with
our goals to reduce marine emissions across our value chain and
support efforts to decarbonise the maritime industry.
“Our ambition is to reach net-zero emissions from shipping of
our products to customers by 2050 and to introduce net-zero carbon
vessels into our portfolio by 2030. We know that we won’t meet
these ambitions alone and along the way will need to work with
capable and experienced companies such as bp.”
Sven Boss-Walker, senior vice president refining & products
trading, bp said, “Sustainable biofuels are important to help
decarbonise the shipping industry in the near- and mid-term as we
transition towards longer term net zero solutions. We’re proud to
be working with Rio Tinto to support their work to decarbonise.
These trials are part of our ongoing efforts to help accelerate the
shipping industry’s energy transition.”
The extended trial agreement follows a successful journey on the
RTM Tasman after it refuelled with biofuel in Rotterdam in March
2022 for the first time and then picked up its first load of the
trial at the Iron Ore Company of Canada’s Sept-Îles port in Quebec
in April. All biofuel refuelling during the trial will be at
Rotterdam.
The trial is using a bp-manufactured B30 biofuel blend composed
of 30% fatty acid methyl esters (FAME) blended with very low
sulphur fuel oil (VLSFO). This B30 biofuel blend can reduce
lifecycle carbon dioxide emissions by up to 26% compared to
standard marine fuel oil.
FAME is a renewable alternative fuel (biodiesel) largely
produced from recycled cooking oils and renewable oil sources. It
has physical properties similar to conventional diesel, and is a
‘drop in fuel’, requiring no modifications to the engine or vessel.
The origination and production of the feedstocks used to produce
the FAME is certified for its sustainability to internationally
recognized standards.
Working with bp and the ship managers Anglo Eastern, the trial
will analyse a series of engine and fuel performance factors,
including engine efficiency and fuel consumption, corrosion and
degradation, microbial growth, temperature impact, fuel switching
impacts and fuel stability.
Rio Tinto is also accelerating the delivery of its climate
commitments on shipping. It has delivered a 30% intensity reduction
on its owned and time-chartered fleet from a 2008 baseline, and is
on track to meet the International Maritime Organisation’s 2030
targets of a 40% reduction in emissions five years early, by
2025.
bp is working with companies in key industrial sectors such as
shipping, that have significant carbon emissions to manage,
supporting their work to decarbonize.
About bp
bp’s purpose is to reimagine energy for people and our planet.
It has set out an ambition to be a net zero company by 2050, or
sooner and help the world get to net zero, and a strategy for
delivering on that ambition. For more information visit
bp.com.
About Rio Tinto
Rio Tinto is a leading mining and metals company, operating in
35 countries and producing high-quality iron ore, copper,
aluminium, and other materials essential for the low-carbon
transition. We are also one of the world’s largest dry bulk
shippers. We are committed to reaching net-zero by 2050 and are
targeting a 15% reduction in scope 1&2 emissions by 2025 (from
a 2018 baseline) and a 50% reduction by 2030. For more information
visit riotinto.com.
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Rio Tinto Media Relations
media.enquiries@riotinto.com
United Kingdom David Outhwaite M +44 7787 597 493
Canada Simon Letendre M +1 514 796 4973
Australia Matt Chambers M +61 433 525 739
bp press office bppress@bp.com M +44 7831 095541 M +44
7919 217511
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