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Shell Ceases Development on Two Projects in Singapore

According to a Shell spokesperson, Shell has chosen to not proceed with plans around two projects in early development in Singapore.  These projects were to be centered around biofuel and base oil production. 

In regards to the biofuels project, Shell had announced in late 2021 that it was studying a 550,000 tons per year project to be placed at Singapore's Bukom Island to produce sustainable aviation fuel (SAF) to supply major Asian hubs such as Hong Kong International Airport and Singapore's Changi. The company had planned to make a final investment decision for the project in early 2023, but that will not be moving forward.

Asia has no mandate in place for airlines to use SAF, and the higher costs that come with SAF were likely a factor in the project's demise.  



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