Tidewater Midstream and Infrastructure highlights progress on SAF project

May 14, 2024 |

In Canada, Tidewater Midstream and Infrastructure reported that it has made significant progress on the front-end engineering design (FEED) of the proposed 6,500 bbl/d sustainable aviation fuel project. “This included integrating lessons learned from the HDRD Complex into the SAF project’s design basis. During the first quarter of 2024, the corporation received emissions credits for achieving its first milestone under an executed incentive agreement. These credits were sold under a previously announced purchase agreement,” the firm said. The company noted it continues to progress commercial arrangements and is evaluating potential offtake agreements for the SAF project. The SAF project remains subject to a final investment decision, which is expected in 2025.

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Category: SAF

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