Sustainability and Environment
Work Begins on World's Largest Biofuel Plant
A consortium of energy industry companies has partnered with the Panamanian government to launch what will become the world’s largest biofuel refinery.
The Golden City Biorefinery in Panama will be the world's largest renewable fuel production facility with a capacity of 2.6 billion gallons a year upon its completion in 2027. (Image: SGP BioEnergy)
The Golden City Biorefinery in Panama will be the world's largest renewable fuel production facility with a capacity of 2.6 billion gallons a year upon its completion in 2027. (Image: SGP BioEnergy)

A consortium of energy industry companies led by SGP BioEnergy has partnered with the Panamanian government to launch what will become the world’s largest biofuel production and distribution hub. Dubbed the Golden City Biorefinery, the facility is expected to begin production in 2024 at an output of 60,000 barrels per day initially, expanding to a full daily capacity of 180,000 barrels of sustainable fuels, including sustainable aviation fuel—derived from purpose-grown plant oils and waste fats—by the completion of the third phase in 2027.