A senior executive from Malaysia’s state energy company Petronas said Southeast Asia is set to export surplus biofuels to Europe and other markets as regional production capacity exceeds demand.

Speaking at the APPEC conference in Singapore, Ahmad Adly Alias, Petronas’ Vice President of Refining, Marketing and Trading, projected that Asia’s sustainable aviation fuel (SAF) capacity could reach 4 million tons annually by 2030.

He noted that Asia’s advantages lie in abundant feedstock, expanding production, and rising demand. Petronas is also developing a 650,000-ton bio-refinery in Johor with Italy’s Enilive, scheduled to start operations in late 2028.