YPF and TotalEnergies sign long‑term SAF purchase deal for San Lorenzo biorefinery
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YPF and Essential Energy’s Santa Fe Bio have signed a long‑term purchase agreement with TOTSA TotalEnergies Trading SA to produce sustainable aviation fuel and other renewable fuels at the San Lorenzo biorefinery.
The agreement targets the production of about 170,000 tonnes per year of SAF and HVO for international markets, with TOTSA set to acquire the majority of output under a firm long‑term commitment and a preference right on the remaining volumes, while the project will invest more than $400 million to convert the San Lorenzo industrial complex.