ST PETERSBURG, Russia, July 20 (Reuters) - Russia's successor to McDonald's has teamed up with energy company Gazprom Neft (SIBN.MM) to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints, the companies said on Thursday.
Russia has said it was still committed to its climate targets despite the deepest political rift with the West in decades.
It said the new fuel is in compliance with technical regulations and can be used for most sea and river vessels.
Vkusno & tochka already supplies waste cooking oil for production of biofuel used for heating of electric-powered buses in Moscow and has been recycling used cooking oil for over a decade.
Irina Korshunova, in charge of sustainable development at Vkusno & tochka, said the company processes around 5,500 tonnes of waste cooking oil each year.
Persons:
McDonald's, Gazprom Neft Marin Bunker, Anton Soboled, Irina Korshunova, Olesya Astakhova, Vladimir Soldatkin, Alexander Marrow, Angus MacSwan
Organizations:
Gazprom Neft, Biofuels, Gazprom Neft's, Thomson
Locations:
PETERSBURG, Russia, Baltic, St . Petersburg, McDonald's, Ukraine, Moscow