SINGAPORE (Reuters) – An executive with Thai energy firm Bangchak Corp said on Wednesday there is no sign yet of details on the country’s expected mandate for sustainable aviation fuel usage.
The company began production of sustainable aviation fuel earlier this year, with capacity to produce 1 million litres (800 metric tons) per day.
“We are in a limbo,” Gloyta Nathalang, Bangchak senior executive vice president, told the APPEC conference in Singapore. “We have some markets, some agreements”, but no details on a mandate, she said.
The company’s SAF-producing unit is currently still in a “test run period” and is expected to be fully operational by early 2026, Nathalang said on the sidelines of the event, adding that it can swing to renewable diesel output if needed.
“By 2026, (we expected) there would be a mandate,” she said. “Now we only have a few months left, there’s no policy or mandate yet.”
There is still some disagreement between a few ministries on who should set the mandate, she said.
Bangchak signed a deal late last year with Shell Singapore’s trading arm to supply sustainable aviation fuel, according to its company website.
(Reporting by Trixie Yap; Writing by Tony Munroe; Editing by Christopher Cushing and Jan Harvey)