Brief: Navigator And P2x Europe Create JV To Produce Green Aviation Fuel

Navigator SA

21/07/2022 16:45

July 21 (Reuters) - Navigator Company SA  NVGR.LS :
    * AND P2X EUROPE SIGN AGREEMENT IN PRINCIPLE TO PRODUCE
GREEN
AVIATION FUEL
    * COS WILL CREATE JOINT VENTURE P2X PORTUGAL
    * FOR FIRST TWO DEVELOPMENT PHASES, PROJECT INVESTMENT WILL
TOTAL
ABOUT€550-600 MILLION IN GREEN H2 PRODUCTION FACILITY,
INFRASTRUCTURE AND PROCESS FOR CAPTURING BIOGENIC CO2
    * FINAL INVESTMENT DECISION EXPECTED TO OCCUR BY MID 2023,
THE
PROJECT IS SCHEDULED TO START COMMERCIAL OPERATION  IN FIRST
HALF OF 2026

Source text: https://bit.ly/3PGizqR
Further company coverage:  NVGR.LS 

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