Bangchak, OR ramp up push to provide biofuel for aircraft

Two SET-listed energy firms — Bangchak Group and PTT Group — are stepping up efforts to expand green businesses with efforts to produce sustainable aviation fuel (SAF).

- YUTHANA PRAIWAN

PTT Oil and Retail Business Plc (OR), the oil distribution arm of PTT, has announced a plan to supply locally-made SAF to an airline operator, while Bangchak expects to start commercial production of the biofuel for aircraft in the middle of this year.

These moves align with the European Union requiring airlines flying to Europe to mix 3% SAF with jet fuel. The proportion is set to increase to 15-50% by 2050.

SAF produces up to 80% fewer greenhouse gas emissions than conventional fuel, according to media reports citing various forecasts.