Genoil Inc announced it has signed a tri-partite science, research and technical cooperation agreement with two leading Russian institutions, focusing, among others, on designing a low-cost desulfurization project to meet IMO 2020 sulfur legislation.
Specifically, Genoil has joined forces with the UFA Scientific Research Institute of Petroleum Refining and Petrochemistry of Bashkortostan, and the OJS «VNIIUS» Institute of Tatarstan, Russia. The scope of the partnership is to research, develop and market cutting-edge technologies on petrochemistry, petroleum refining and gas chemistry industries both in the Americas and globally.
The group’s activities will also be concentrated on solutions for complex oil and gas refining challenges; the upgrading of petroleum for transportation and processing, including the removal of sulfur compounds; catalytic processes of fuel production; processing of hydrogen sulfide into elemental sulfur; and the procurement, construction and start-up of projects.
The partnership has already received HSFO oil from a shipping operator which is being tested at the UFA. The UFA is the sole government Institute specializing in refining and heavy residues processing technologies.
