Grants and Contributions:

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Title:

CONVERSION OF THE NARL REFINERY TO A RENEWABLE DIESEL PRODUCTION FACILITY

Agreement Number:

CFF-A-2129

Agreement Value:

$37,363,420.00

Agreement Date:

Jun 16, 2023 - Jun 30, 2034

Description:

The objective of the project is to convert the North Atlantic Refinery (NARL) to a renewable diesel facility. The facility will hydrotreat renewable, sustainable feedstocks, primarily soy, to produce renewable diesel and jet fuels.

Organization:

Natural Resources Canada

Expected Results:

This Project will help increase production capacity of clean fuels in Canada.

Location:

COME BY CHANCE, Newfoundland & Labrador, CA A0B 1N0

Reference Number:

115-2023-2024-Q1-14106

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Legal Name:

BRAYA RENEWABLES FUELS (NEWFOUNDLAND) LP

Program:

Clean Fuels Program

Program Purpose:

Programming using contributions to support Clean Fuels, Transportation and Industry will help deliver on the policy objective enabling energy transition, as a key component of achieving Canada’s climate change objectives, and path to net-zero. Specifically, programming fosters greater energy efficient and electrification of transportation, as well as growing the production, and end-use of clean fuels in two essential sectors of the economy – transportation and industry.This programming also supports implementation of key policy objectives, including implementing the Clean Fuels Regulations, complementing enhanced carbon pricing, more stringent vehicle and industry emission standards, all laying the foundation to be net-zero by 2050.