In India, BioEnergy Times reported that US-based carbon recycling company LanzaTech has signed an agreement with the International Finance Corporation (IFC), the World Bank Group’s private-sector arm, to work together on developing Oman’s first-ever Sustainable Aviation Fuel (SAF) project.
LanzaTech CEO Jennifer Holmgren said the initiative will focus on converting waste industrial gases in Oman into ethanol, which can then be refined into sustainable aviation fuel, according to the report.
The first phase of the project is in progress, with LanzaTech and the IFC carrying out a joint feasibility study that includes assessing feedstock and product markets, estimating capital costs, and developing financial models to create a clear path to a final investment decision and project rollout, according to the report.
Holmgren said the project could make a significant difference for Oman. “Projects like this could produce around 80,000 tons of SAF every year, boosting Oman Vision 2040, creating jobs, and supporting economic diversification,” she said.
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