The global oil and chemical industries face significant challenges due to rising imports and the shift toward sustainable fuels, yet these challenges also present opportunities for strategic growth. Countries can capitalize on this transition by developing green refineries, which use renewable energy to process organic materials into oils, chemicals, and fertilizers. This approach not only meets domestic demand but also establishes a competitive export market, turning limitations into advantages. Developing nations, which often lack extensive petrochemical industries, can leapfrog traditional infrastructure, much like mobile technology replaced landlines. By adopting green refining, countries align with global environmental standards, fostering a cleaner, more efficient energy future while positioning themselves at the forefront of innovation and sustainability.
Source: https://tribune.com.pk/story/2534658/going-for-green-refining-technology
Also See
Sustainable Aviation Fuel (SAF) from Biowaste and CO₂ Solving the Food vs Fuel Dilemma
Adeerus Ghayan 