GSGP Renewables Lda
GSGP RENEWABLES LDA – TOWARDS A GREENER FUTURE
In 2020, the Group decided to explore a new growth sector – Renewable Energy and Edible Oils. A relatively new and highly fragmented industry, this business segment fits our focused niche business model perfectly. The aspiration of GSGPRW is to become a waste-to-energy renewable company.
We will bring our strength in global partnerships, experienced operations capability, good banking support, integrity and reliable business services to both our supply and demand side clients in order to add value for everyone along the transaction chain.
GSGP Renewables Lda is proposing to set up a production plant for biofuel from used cooking oil and crude soy oil in Timor Leste. Formed with the intention to commence the production of biofuel for local consumption and ultimately to export to other end users in the Asia Pacific markets, GSGPRW will launch a collection campaign to encourage the households of the country to send their used cooking oil to our collection centers to be established across Dili and subsequently in the districts. In addition, we intend to enter into long term contracts with F&B, Hospitality and Feedmill companies to collect their oils for recycling.
GSGP TRADING AND CONSULTANTS PTE LTD
GSGP Trading and Consultants Pte Ltd is the petroleum trading arm of our group of companies, registered and domiciled in Singapore since 15th Jan 2018. The firm has consulting, agency, and trading relationships with established Petroleum industry counterparts like Mercuria, Vitol, Trafigura, PT Pertamina, and Pertamina International Timor Leste, Sinopec HK, Heng Yuan Refinery, Mena Energy DMCC, Union International Trading, etc.
We have facilitated more than 50 deliveries to Pertamina Timor Leste since 2018 and have sold Light Cycle Oil into China from Singapore and Malaysia. In addition, we have made multiple deliveries of bitumen to Chinese state-owned construction firms based in Timor, such as China Harbour Construction, Shanghai Construction, Chongqing International Construction, etc.
GSGP Trading and Consultants, not only functions as the international procurement and trading arm for our business operations in Timor Leste; it’s also the centre for our all our derivatives and physical supply of petroleum related products, trade finance and treasury functions, strategic business planning and market development, HR management, and overall operations command centre for the Group.
GSGP RENEWABLES LDA
In the drive to move Timor Leste towards a greener future, GSGP Renewables Lda intends to start a biofuel fuel manufacturing plant in Liquica. Located with Global Oil Storage Terminal, the plant shall convert used cooking oil and other renewable materials, such as crude soy oil and waste coconut oil, into biofuel for local consumption. As a start-up, we believe the volume of production will be modest. However, all journeys start with the first initial steps. We intend to lobby the relevant departments for support of this initiative across the country.
In Timor Leste, we intend to rally the restaurants and other sources for their used cooking oils and convert these waste oils to usable biofuels for local consumption. The processing plant will be able to produce up to 4,000L of biofuel per month.
The production of biofuel will also be of assistance to Tibar Port. Based on international practice, it will be mandatory for ocean going vessels to utilise biofuel blended bunker by 2025. Without this, the Tibar Port will not be able to function at its full capacity.
The technology of biofuel production will be from the USA. Depending on the volume of raw materials collected, we will be able to produce up to 4,000L of biofuel monthly. If the demand requires, we can import raw materials from West Timor. Logistically, collection points will be set up in various locations in Dili and certain districts. We will encourage local partners to collect and deliver the used cooking oils to our processing plant in Liquica.
Feedstock
The key feedstock that GSGPR will utilise UCO to produce biofuel. The biggest challenges that we will face in Timor Leste is the lack of volume as well as the logistics of centralised collection.
We started a pilot programme to collect UCO from Timor Plaza in 2020 to collect data on the volume of UCO available over a period of time. The data showed a daily collection of less than 100 litres. As such, we must expand our collection coverage to include residential as well as F&B outlets outside of Timor Plaza.
The Biopro 380 is a biofuel production plant, designed and manufactured in the USA.
Collection of Used Cooking Oil (UCO)
Objective
Currently, used cooking oils are disposed off in Tibar. However, in the course of our feasibility research, we found that most of the local restaurants are disposing UCO directly into the drainage system. As a result, the drainage and sewage systems become choked and blocked, causing operational issues as well as environmental damage.
It is also to be noted that the disposal service in Tibar is chargeable.
Therefore, we hope to work with Hotels, Restaurants and Cafes to start UCO collection across Dili. This will allow the waste oils to be handled in an environmentally friendly manner, allowing the waste to be Recycled and Reused.
1. Therefore, we hope to work with Hotels, Restaurants and Cafes to start UCO collection across Dili. This will allow the waste oils to be handled in an environmentally friendly manner, allowing the waste to be Recycled and Reused.
2. The UCO will then be processed in Global Group’s UCO facility.
2. The UCO will then be processed in Global Group’s UCO facility.
Recycle and Reuse
| Residential | Hotel, Restaurants and Cafes (HoReCa) | Soye Feed Mill Factory | |
|---|---|---|---|
| Costs | High | Low | High |
| Volume | Low | Mid | High |
| Payment | High | Low | High |
| Logistics | High | High | Mid |
| Storing Time | High | Mid | Low |
| Cordination | High | High | Mid |
| Potential | High | Mid | High |
Obstacles :
- Market Awareness for GSGPR
- Logistics, Storing and Coordination
- Via Districts
- How many jerry cans or IBC can 1 Fuso transport?
- Storing
- Preferably with logistics provider before it is sent to GSGPR tanks.
- Administration
- Residential : Bluefuel and Flex
- Hotels, Restaurants and cafes : GSGPRW and Bluefuel
