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China to meet one-third of jet fuels needs with biofuel by 2020

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Dow Jones Newswires - Fox Business

China has the technology to make aviation biofuel and now needs to reduce production costs to sell it commercially. Jet fuel made from renewable resources emits significantly less carbon dioxide than traditional aviation kerosene, also known as jet fuel.

China to meet one-third of jet fuels needs with biofuel by 2020

photo by Eric Prado (Flickr Creative Commons)

China's aviation regulator has begun deliberating China Petroleum & Chemical Corp.'s (SNP) application to produce aviation biofuel commercially, the refiner said Wednesday, while a senior aviation official said the country hopes that nearly a third of the fuel used by its rapidly expanding airline fleet will come from plants, according to a company statement.

China is expected to use 12 million metric tons of aviation biofuel a year by 2020, about 30% of projected total jet fuel consumption by that time, Civil Aviation Administration of China Deputy Director Li Jian said in a China Daily article on biofuel use, adding that jet fuel consumption will likely double to 40 million metric tons a year by 2020.

China has the technology to make aviation biofuel and now needs to reduce production costs to sell it commercially, Li said in the report, adding that jet fuel made from renewable resources emits significantly less carbon dioxide than traditional aviation kerosene, also known as jet fuel.



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