In Japan, Malaysian oil firm Petronas said it has signed a Memorandum of Understanding with Idemitsu Kosan Co. to collaborate on the development of sustainable aviation fuel.
Under the terms of the MoU, Petronas and Idemitsu will focus on a feasibility study to scale-up bio feedstock possibilities, production cost analysis and security in ensuring a steady and efficient supply chain for the sustainable development of SAF. This includes exploring the supply potential of non-edible oil feedstock trees suitable to produce SAF, such as Pongamia and Jatropha.
In addition, both companies will also work on establishing a robust SAF sales and distribution network to ensure SAF accessibility to airlines.
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