South Korea to provide tax breaks to refiners, mandate 1% SAF use from 2027

South Korea will provide tax breaks and other incentives to local refiners to invest in sustainable aviation fuel to lower production costs, as the country aims to mandate the use of 1% SAF blend for all departing international flights from 2027, its government announced Aug. 30. “The government will also ease regulations for local refiners to make it easier to…South Korea will provide tax breaks and other incentives to local refiners to invest in sustainable aviation fuel to lower production costs, as the country aims to mandate the use of 1% SAF blend for all departing international flights from 2027, its government announced Aug. 30. “The government will also ease regulations for local refiners to make it easier to…Read More