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JET FUEL: South Korea Plans to Mandate 1% SAF from 2027: Argus

JET FUEL

South Korea plans to require all international flights departing from its airports to use a mix of 1% SAF from 2027, cited by Argus.

  • South Korea also has an ambition to capture 30% of the global blended SAF export market, Argus added.
  • While not explicitly stated in the statement, some South Korean refineries expect co-processed SAF to be permitted within the nation’s mandate, sources said.
  • South Korea outlined three key strategies to meeting its SAF consumption target. These are: gradual expansion of domestic SAF demand, stable domestic supply capacity, and creating SAF-friendly legal and institutional frameworks.
  • An incentive system is being developed to boost adoption of SAF, including preferential allocation of transport rights, reduced airport facility usage fees and the introduction of airline carbon mileage systems for passengers. 
  • A longer-term South Korean roadmap for expanding domestic SAF demand will be launched in 2025, Argus said
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