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DECEMBER 2023

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Time for the oil majors to invest in SAF production

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December 1st 2023

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The decision by the 14 members of the Association of Asia Pacific Airlines (AAPA) to have 5% of their fuel needs met by sustainable aviation fuel (SAF) by 2030 is certainly brave. Read More »

But many observers and analysts consider it is a pipedream, given the target is only six years away and current worldwide SAF availability is a mere 1% of airline requirements. AAPA director general, Subhas Menon, concedes it is a collective “aspirational target” and the reason it has been set is to “wake the oil majors from their slumber”.

They will be key players in SAF production. But they say they can’t start producing SAF unless demand is there, a puzzling position when airlines are buying every single litre of SAF being produced, despite it costing five to seven times the price of normal jet fuel.

But the seeds of SAF production have been planted in Asia. Neste, the world’s largest producer of renewable diesel and sustainable aviation fuels, has its Asian hub in Singapore and is producing 2.6 million tons of SAF a year. Other projects are in the pipeline. Numerous collaborations have been announced between airlines, regional governments and investors.

The U.S. government, via the Department of Transportation (DoT) and the Federal Aviation Administration (FAA), is partnering with Boeing to support APEC (Asia-Pacific Economic Cooperation) efforts to develop SAF supply, including analyzing new pathways to optimize SAF production.

Additionally, China is predicted to be a major supplier of SAF if its government puts its weight behind its production infrastructure. The Civil Aviation Administration of China has recently mandated the use of 50,000 tons of SAF in China by 2025. But it is only approximately equivalent to 0.1% of the total jet fuel used in the country in 2019 - or the fuel consumption of a thousand flights between London Heathrow and Shanghai Pudong.

At present, this is a small step. However, more ambitious targets are likely to be established in the Chinese market. The problem is it takes years to set up a SAF refinery. For AAPA airlines aiming to reduce their emissions, the SAF supply they need to meet their 2030 target is entirely dependent on sufficient SAF being produced – and that is out of their control.

TOM BALLANTYNE
Associate editor and chief correspondent
Orient Aviation Media Group

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JENKINS COOPER says:

January 17th 2024 01:34am


MY PERSONAL EXPERIENCE ON LOST CRYPTO RECOVERY! I read so many stories about bitcoin loss to scams. I will like to start by saying the agencies responsible for bitcoin security has really done nothing to help locate stolen or lost coins. In my situation my MacBook was hacked by someone that had access to my emails, i immediately contacted blockchain and they only wasted my time, after which i worked towards getting help else where, i was referred to consult a bitcoin expert who helped track and retrieved my 3.3 btc, for an agreed fee. I was more than grateful and willing to pay more after the job was done. Thankful i didn't fall victim and would like to recommend ( MORRIS GRAY 830 @ G maiL . COM )..

Stefan Ward says:

January 12th 2024 02:16am


Do not invest in any trading platform, there is nothing such as get rich quick, it doesn't always end well. I was also a victim to this kind of scam. An Asian girl introduced me to ibitminers and i got really deep into their shit and all i can say is these scammers are good at what they do. I was allowed to withdraw a little amount which i believed was to build my trust but they sucked me dried and i never got my capital after all was said and done. I lost a ton of asset and when i reported to local authorities i was told since crypto is untraceable, there is nothing they can do about it. I couldn't get any help from them until i contracted the service of a professional ethical hacker. He hacked into the eth wallet address i made payment to and retrieved my stolen crypto and he showed me the transaction history of these scammers, I was in shock. If you find yourself lost in the depths of lost Bitcoin, facebook and Whatsapp hacking to catch your cheating partner, let Osecybersailing's team guide you towards the light of redemption. Facebook page: Osecybersailing Email: osecybersailing@cyberservices.com

DANIEL RAY says:

December 23rd 2023 11:12am


ARE YOU A VICTIM OF CRYPTO SCAMS AND WANT TO GET BACK YOUR STOLEN CRYPTOS!! Am here to testify the handwork of A Great Verified Hacker ( Mr Morris Gray )Who helped me recover back my lost funds from the hands of scammers who Ripped me off my money and made me helpless, I could not afford to pay my bills after the whole incident, But a friend of mine helped me out by given me the contact info of trusted Recovery Expert, his email: Morris gray 830 @ gmail . com contact him or chat him up on (+1- /607-69 )8-0239 ) and he will help you recover your lost funds If you have been a victim of any binary/ cryptocurrency or online scam, Mobile spy, Mobile Hack contact this Trusted and Verified hacker, He is highly recommendable and was efficient in getting my lost funds back, 11btc of my lost funds was refunded back with his help, He is the Best in Hacking jobs, contact him ( MORRIS GRAY 830 AT) GMAIL (DOT) COM…..

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