Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Author: Marcos Miguez
Its president, Antonio Brufau, reaffirmed the company’s commitment to the refinery in A Coruña, as a “critical asset” and a “key strategic point”.
He Front Ocelot will be collected from 15:00 this Friday 15,000 tons of crude oil of the 100,000 it transports. The rest will be unloaded in Bilbao. Those responsible calculate that the operation will be finished in ten hours. With this action, the company Repsol Live a historic day thus opens its new terminal in Punta Langosteirain Arteix.
The company recalled that EUR 126 million had been invested, and the second phase had already begun in order to ensure that all traffic in crude oil and products stay in this outer port in 2027when concession in the inner port from A Coruña. This was highlighted by the president of Repsol, Antonio Brufau, during his speech at the opening ceremony, in which he reaffirmed the company’s commitment to the refinery in A Coruña as a “key asset” and “key strategic point” for the company, and assured that they will continue production in the coming years, but “with less carbon dioxide emissions» and with new decarbonized products.
Criticism of the European Union
Brufau also raised the question of the fact that Europe is “not moving in the right direction” by putting “emphasis on sustainability” with a decarbonization horizon of 2050 “ignoring other aspects such as security of supply and the cost of that supply” which means “forget about industry”. Because, called on the EU to “modulate things” and look American model Supporting industry for decarbonisation.
For his part, the Xunta president, Alfonso Rueda, also agreed that administrations are “right” if they do what businessmen expect of them, in the sense that they do not make it difficult and remove obstacles to help them and try to allocate resources “to those who have shown that they know how to work well,” such as Repsol. Rueda believes this new infrastructure gives meaning to what was “a bet, an idea,” the outer harbor project that began 20 years ago. He reminded that he had the engagement of many administrations of different political colors and celebrated “this region”. Before the event, they toured the new port facilities that will enable crude oil traffic from the Repsol industrial complex in A Coruña and ceremonially opened a plaque at the dock where the Front Ocelot oil tanker coming from Norway is moored… the first to dock at the terminal. This released material will be transported using seven kilometers of pipelines, almost four of which are polyduct, to the Repsol refinery in A Coruña.
Source: La Vozde Galicia

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.