2016 Sustainable Development & Corporate Responsibility Report



HELLENIC PETROLEUM is voluntarily exploring the potential use of bioethanol as a gasoline component through a relevant research program conducted in cooperation with the Fuels and Lubricants Laboratory at the National Technical University of Athens. This research program is investigating the pilot introduction of bioethanol as a raw material for bio-ETBE (ethyltertio-butyl-ether) production, which will be used as a component in gasoline. N.B. Bioethanol can either be blended directly or as an ingredient with gasoline, and can be used in conventional gasoline -powered vehicles.


Biofuels are the only direct substitute for fossil fuels currently available on a large scale. Their use contributes to more environmentally friendly transport, without any further need for major modifications required either in regards to vehicles or distribution networks. Biodiesel, as a fuel that possesses properties similar to those of diesel, can be used in most conventional diesel vehicles.


Biodiesel received and used as a conventional diesel additive.

Year Biodiesel (m3) % v/v in diesel
2006 46,580 2.01
2007 79,010 3.65
2008 62,788 3.04
2009 68,961 3.84
2010 108,063 6.39
2011 78,623 6.37
2012 100,993 6.49
2013 101,269 6.73
2014 112,891 7.00
2015 112,680 7.00
2016 116,626 7.10



Renewable Energy Sources (R.E.S.)

In the field of Renewable Energy Sources (RES), photovoltaic stations (located on Group owned property) with a total nominal power of 1.5 MW and a wind farm of 7 MW in Pylos, Messinia, are already operational. During 2016, 7 photovoltaic projects with a total nominal power of 70 kW were built for self-consumption purposes (net-metering program) for an equal number of EKO and BP liquid fuel stations. There are a further four other photovoltaic projects with a total nominal output of 10.6 MW, as well as 5 biomass electricity and heat generation units (from residual agriculture) with a total output of 25 MW, all in different stages of development.

Moreover, a portfolio of 143 MW of photovoltaic, wind and hybrid projects is also under development in cooperation with LARCO.

HELLENIC PETROLEUM SARegistered Address: 8A Chimarras str., 151 25-Maroussi/Greece
S.A. Registration Number.: 2443/06/B/86/23
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