EET Fuels has reached a milestone in its quest to establish the world’s first low-carbon process refinery by advancing its industrial carbon capture (ICC) project to the front-end engineering design (FEED) stage.
The company, operating under the trading name of Essar Oil (UK) Ltd, announced that Toyo Engineering India Pvt. Ltd. (Toyo-India), a subsidiary of Toyo Engineering Corporation of Japan, has been appointed to oversee this critical phase of the project.
The FEED stage is crucial for the project as it involves finalising the design, mitigating risks and conducting a detailed cost analysis.
This stage’s completion will enable EET Fuels to make a final investment decision (FID) on the ICC project, a step towards achieving its environmental goals.
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