Southeast Asia sits on one of the world’s largest concentrations of bio-based feedstocks suitable for advanced biofuels and SAF. Yet much of the region still risks replicating a familiar pattern: exporting low-value feedstocks while importing back high-value refined products at substantial premiums.
Vietnam’s latest increase in biofuel sales reflects more than short-term demand movement. It marks a stronger execution phase in the country’s transport fuel policy.
Thailand’s latest fuel price increase underscores the limits of the country’s long-used Oil Fuel Fund and highlights the lack of a settled long-term framework for alternative fuels.
