The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Joint Feasibility Study on the Commercialization of Sustainable Aviation Fuel

TOKYO, Apr 19, 2022 - (JCN Newswire) - ENEOS Corporation and Mitsubishi Corporation have agreed to undertake a joint feasibility study aimed at commercializing Sustainable Aviation Fuel (SAF) and other next-generation fuels in Japan.

This study aims to build a supply chain for SAF, which requires cross-industrial collaboration, by leveraging both companies' respective strengths. These include ENEOS' manufacturing technologies and distribution networks, together with MC's global expertise in raw material sourcing and marketing capabilities.

After formulating a basic strategy that takes into account the maturity of various SAF manufacturing technologies and the necessary time for commercialization, ENEOS and MC will proceed with the study based on the following three approaches:

(1) Developing sustainable feedstock derived from bio-based raw materials
(2) Producing SAF with newly emerging techniques
(3) Building a supply chain for next generation fuels, with a focus on SAF

In the aviation industry, there is growing momentum towards the adoption of SAF in Europe and North America in order to align with CORSIA*, Carbon Offsetting and Reduction Scheme for International Aviation that will commence in 2027. This would drive the growth of the SAF market on a global scale going forward.

In addition, the Japanese government has proposed a target to replace 10 percent of the jet fuels consumed by Japanese airlines with SAF by 2030. This makes establishing a SAF supply chain in Japan an urgent issue.

ENEOS and MC put a high priority on addressing climate change issues, and both companies are actively promoting initiatives to reduce CO2 emissions with the aim of helping to achieve a decarbonized, circular society.

By proceeding with this study as part of the above efforts, ENEOS and MC will be steadily contributing toward the early establishment of a supply chain for next-generation fuels.

*An environmental measure in the aviation industry: In 2016, the International Civil Aviation Organization (ICAO) adopted at its annual meeting the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) aiming to achieve international aviation growth without increasing CO2 emissions from 2021.

Inquiry Recipient:
Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705

Source: Mitsubishi Corporation

Copyright 2022 JCN Newswire . All rights reserved.
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.