Energy group Enefit has launched an engineering study to develop a plant in Israel, its first outside of Estonia. The company’s subsidiary, Enefit Outotec Technology, is working with Rotem Energy Mineral Partnership (REMP) on the plans.
The Estonian company will carry out a pre-front end engineering and design (pre-FEED) study over the next three months. Based on the study, REMP will decide whether it wants to proceed.
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In a statement, Enefit said: “REM chose Enefit technology for creating their oil plant because it is known to be the most effective industrially proven oil shale refining technology in the world with the least impact on the environment.”
The company claims its technologies obtain more than 80% of the energy in extracted shale gas. During processing, the company uses waste heat to generate electricity, making its refineries net producers.
It says REMP holds two billion tons of oil shale reserves in the Mishor Rotem area where it operates.
Enefit board member Margus Vals said: “The unique Enefit technology created by Estonian engineers allows us to effectively use all mined oil shale, and process old car tyres and perspectively [sic] also plastic waste into oil. It’s this efficiency and the capability to support solving environmental problems through circular economy that makes Enefit technology attractive.
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By GlobalData“One of Eesti Energia’s business fields is the export of our unique expertise and oil shale technology to countries that wish to examine their oil shale reserves more closely and put them into use. Results achieved in the last year prove this choice to be correct.”
