logo
menu
← Return to the newsfeed...

South East Asia the OPEC of biofuel

Europe may be the world's biodiesel leader and the Americas are second to none for ethanol but another region is growing in status as a biofuels producer.

Thailand’s energy minister says the Association of Southeast Asian Nations is a biofuels hub with the potential to become the Organization of the Petroleum Exporting Countries (OPEC) of biofuels.

Wannarat Channukul says Indonesia and Malaysia are the top two palm exporters while Thailand has the best location for biofuels development and production in the region.

In other remarks, deputy executive director of the International Energy Agency, Richard Jones, said that if every country in the world promoted biofuels their use could surge to 25 million barrels per day by 2050.




204 queries in 0.410 seconds.