KUALA LUMPUR, Aug 16 (Reuters) – Malaysia’s palm oil board and state oil firm Petronas (IPO-PETO.KL) have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
The two organisations signed a memorandum of understanding (MoU) on Aug. 14 to explore the potential of palm-based products and wastes, such as used cooking oil and palm oil mill effluent, as the main raw materials for local bio-refineries to produce sustainable aviation fuel.
“The signing of the MoU is also in line with the National Energy Policy 2022-2040 to reduce carbon emissions and make the energy sector a catalyst for the nation’s socioeconomic development,” the Malaysian Palm Oil Board said in a statement on Wednesday.
Original source link:
https://www.reuters.com/sustainability/climate-energy/malaysias-palm-oil-board-petronas-study-use-palm-waste-aviation-fuel-2023-08-16/
