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M&M vies for big share of world’s low-carbon aviation biofuel with new facility in UAE: Singapore-based Energy trader Mercantile & Maritime Group (M&M) is launching an AED 2.2 bn biofuel processing facility at its MENA Terminals facility in Fujairah, according to a statement. The facility is scheduled for completion in 2026 and is set to be the largest facility of its kind in the Middle East region.
The details: The planned carbon-neutral biofuel facility at MENA Terminals will produce up to 150 mn liters of sustainable aviation fuel (SAF) annually — approximately 10% of current global SAF production.
REMEMBER- UAE has big biofuel plans: The UAE signed off on the National Policy on Biofuels to boost the production and consumption of locally produced biofuels in March. The policy will introduce a regulatory framework for biofuel distribution, set benchmarks for biofuel production and usage, enforce production standards and mandates for the fuel within the nation. It will also help regulate biofuel trade operations, define uniform biofuel specifications, and oversee production and commerce.
And a SAF pipeline: Dubai Municipality signed an agreement with UAE turbine and aviation fuel supplier Enoc Marketing, Belgium’s Besix, and Japan’s Marubeni Middle East and Africa Power to produce sustainable aviation fuel (SAF) from solid municipal waste, organic waste, and green hydrogen from sewage treatment earlier this year. Enoc also signed an MoU with Finnish oil refining company Neste to explore avenues for the purchase and supply of sustainable aviation fuels (SAFs) both in the UAE and the wider MENA region back in late 2023.
ICYMI- Biofuels production is already heating up: UAE’s Circular Economy Council inaugurated Dubai-based Lootah Biofuels’ cooking oil reprocessing plant with a capacity of 100 tons per day in 2022. Tadweer signed an agreement with Austria’s OMV last year to explore investments in biofuels and biowaste production in the country and BP invested USD 10 mn in US startup WasteFuel to support the establishment of a UAE-based biofuels plant. Adnoc Distribution said it is planning to supply biofuel to its business-to-business (B2B) customers back in November, and more recently, Lootah Biofuels and the UAE’s Energy and Infrastructure Ministry signed an MoU to develop, promote, and deploy the use of biofuels
