In Indonesia, ASEAN said that the ASEAN economies could generate as much as 8.5 million barrels per day of SAF by 2050.
The ASEAN SAF 2050 Outlook report provides a regional supply chain assessment for 2030, 2040, and 2050, examining potential SAF demand and supply scenarios across Cambodia, Indonesia, Lao PDR, Malaysia, the Philippines, Thailand, and Vietnam, as well as import markets including Japan, Singapore, and the Republic of Korea.
The report also noted that ASEAN’s key SAF feedstocks include used cooking oil, rice waste, cassava waste, and forestry residues.
According to the SAF 2050 Outlook report, all the ASEAN countries examined could potentially have sufficient capacity to position themselves as net SAF exporters. Vietnam, Indonesia, Malaysia, the Philippines, and Thailand have the most abundant feedstock to support SAF production, while Indonesia, Malaysia, the Philippines, may have the most cost-efficient distribution for markets in Japan, Singapore and Korea.
Deputy Secretary-General for the ASEAN Economic Community, Satvinder Singh, said, “The ASEAN SAF 2050 Outlook confirms our region’s strong comparative advantage on the supply side, particularly in the availability of sustainable bio-feedstocks. At the same time, rising regional and global demand for sustainable aviation fuel presents a clear market opportunity for ASEAN.”
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