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Allied Biofuels advances Uzbekistan SAF, e-SAF project

  • : Agriculture, Biofuels, E-fuels, Hydrogen
  • 26/04/10

Australian developer Allied Biofuels has signed a binding "project implementation agreement" with the Khorezm regional government in Uzbekistan to develop a $6.08bn complex with a combined 417,400 t/yr sustainable aviation fuel (SAF) production capacity.

The agreement is backed by a presidential decree granting the project special economic zone status as well as tax and customs exemptions.

The total estimated capital cost has risen from a previously stated $5.5bn. Allied Biofuels will invest the $6.08bn over five years. The firm said in October 2025 that it expects a final investment decision in the fourth quarter of 2026.

The plant will produce 160,400 t/yr of bio-SAF, 257,000 t/yr of synthetic e-SAF and 5,040 t/yr of renewable diesel, powered by 4.45GW of renewable generation capacity with 1.6 GWh of battery storage.

Allied Biofuels plans a hybrid biogenic and synthetic production complex using sorghum as the primary feedstock. The sorghum will be converted to first-generation bioethanol, which will then be processed into SAF via the ethanol-to-jet pathway. Total agricultural feedstock consumption is estimated at around 5,775 t/d. The firm signed a preliminary agreement with Indian engineering firm Praj Industries in November 2025 to supply its ethanol production technology, targeting 293,700 t/yr of ethanol output.

The complex will also capture biogenic CO2 from the same ethanol plant and gasify biomass residues into syngas, combining these with renewable hydrogen from electrolysers to produce e-SAF, likely via the Fischer-Tropsch route. Allied Biofuels signed a binding deal with US firm Plug Power to supply 2GW of electrolysers, which was raised to 2.4GW.

Sister firm Allied Green Ammonia is developing a renewable ammonia project in Australia, also using Plug electrolysers.

By Chingis Idrissov

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26/04/13

Corn dominates Argentina export registrations

Corn dominates Argentina export registrations

Sao Paulo, 13 April (Argus) — Corn continued to dominate export registrations in Argentina, accounting for 60pc of total volume and climbing to a record for the week as the focus for shipping moved to May. Argentinian exporters registered 1.95mn metric tonnes (t) of corn for sales abroad in the week through 11 April, more than double the 816,000t in the same week a year earlier, according to data from the Secretariat of Agriculture, Livestock and Fisheries. Argentina's advancing corn harvest boosted stocks of the grain to a record at the start of April, providing abundant supplies to meet steady demand from buyers in the Middle East and North Africa. Total export registrations for all crops reached 3.25mn t in the week — up by 20pc from the previous year — primarily driven by the surge in corn exports. Corn also led the shift in loading interest to May, with the entire volume registered for loading by the end of the month. Farmers registered a total of 3.17mn t of grains and oilseed products for loading in May, with the remaining 81,000t registered for June. Soybeans, meal, oil remain lower Export registrations of soybeans, soybean meal and soybean oil were all again below the prior year's level for the week, as stocks for crushing have tightened in recent months. Soybean meal registrations fell by nearly 12pc from a year earlier to 787,000t, but remained the second-most registered agricultural product for export. Soybean registrations also slumped in the week, dropping to just 5,570t from 533,000t a year earlier. Soybean oil registrations fell by 2.1pc to 140,400t. Export registrations of other oilseed products all rose in the week from a year earlier, with other oilseeds registrations more than doubling from last year to 5,950t. Registrations of other oilseed meals increased by nearly 18pc to 22,400t, while other oils rose by nearly 32pc to 9,550t. Wheat registrations remained above last year's levels for a fourth consecutive week, more than doubling from last year to 262,800t. But barley registrations remained subdued at 53,110t, down by 35pc from loadings in the same week last year. By Jeffrey T. Lewis Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Brazil's Mato Grosso 2025-26 soy sales ahead on year

26/04/13
26/04/13

Brazil's Mato Grosso 2025-26 soy sales ahead on year

Sao Paulo, 13 April (Argus) — Sales of the 2025-26 soybean crop in Brazil's central-western Mato Grosso state reached 63.3pc of the expected total in March, ahead of the total dealt in the same period last year but below the five-year average for the period. Works advanced by 6.7 percentage points from February. The pace is 4.3 percentage points ahead of the almost 60pc dealt in March 2025 for the 2024-25 crop, according to the state's institute of agricultural economics Imea. That also compares with the five-year average of 64.8pc for the period. Sales for the 2026-27 soybean crop reached nearly 7.3pc in March, up by almost 3.4 percentage points from the previous report. That pace is below the 8.1pc for the 2025-26 season a year ago and the five-year average of 13.6pc for the period. Winter corn sales Sales for the 2025-26 winter corn crop are also ahead on the year, advancing by almost 5.4 percentage points to 40.8pc in March, according to Imea. That is ahead of the 36.3pc pace for the 2024-25 crop in March 2025, but below the five-year average of 44.4pc for the period. Sales for the 2024-25 winter corn crop are almost fully negotiated, ending March at 99pc of production, up by nearly 2.7 percentage points on the month. The pace slightly surpassed the 98.9pc sold for the 2023-24 cycle a year ago and the five-year average of 98.6pc for the period. The 2026-27 winter corn crop negotiations reached 1.6pc in March, up by nearly 1 percentage point on the month. The pace is slightly below the 1.7pc sold at the same time in 2025 for the 2025-26 season. That is also behind the five-year-average for the period of 5.5pc. Cotton lint sales Sales for the 2025-26 cotton lint crop advanced by 7 percentage points to nearly 65.6pc of expected output in March, Imea said. That is ahead of the 56.8pc pace for the 2024-25 crop in the same period of 2025 and the five-year average for the period of almost 61.9pc. Sales for the 2024-25 cotton lint crop advanced by 5 percentage points to almost 92.1pc of output in March. That is behind the almost 92.7pc pace for the 2023-24 crop in the same month a year ago and the five-year average of around 94.1pc. Sales for the 2026-27 cotton lint crop reached nearly 13.9pc, rising by 6.5 percentage points in the month. The pace is behind 14.7pc for the 2025-26 cycle in March 2025 and the five-year average of 14.2pc for the period. By Sofia Zizza Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

NY weighs new yardstick to set climate goals

26/04/13
26/04/13

NY weighs new yardstick to set climate goals

New York, 13 April (Argus) — New York governor Kathy Hochul (D) is asking state lawmakers for more time to reduce emissions. Potentially more important is how the state actually measures them. The state's leaders, at loggerheads over climate policy and other issues, have already blown past a deadline to agree to a new budget. Hochul frustrated progressives by pushing for changes to the state's 2019 climate law, which not only mandates deep emissions reductions but also includes a bespoke system for tracking climate impacts that discourages natural gas and some biofuels. New York requires a 40pc reduction in economy-wide greenhouse gas (GHG) emissions by 2030 from 1990 levels and an 85pc drop by 2050. But the state's unique emissions-accounting method effectively requires deeper cuts to emissions than targets suggest. Environmentalists say this system will speed New York's transition to renewables and leave the state less exposed to future oil supply shocks. But it also threatens higher near-term energy costs in a state that burns more oil for home heating than any other, where natural gas is the largest source of electricity and where driving predominates outside public transit-connected New York City. Hochul backed off prior efforts to change the GHG accounting rules. Now campaigning for re-election on a platform of making the high-cost state more affordable, she insists changes are necessary. Methane pain State law requires New York to track the warming of GHGs on a 20-year timeline, instead of the 100-year timeline used by nearly all other states. That difference means New York treats a tonne of methane, which packs a bigger punch than CO2 but dissipates in the atmosphere more quickly, as having around three times more climate impact than other states do. Under typical emissions accounting, New York's emissions in 2023 were 24pc below 1990 levels. But according to the state's unique system, they only fell by 14pc over that period. The difference reflects the state's reliance on natural gas for heat and power. New York's system then leaves fewer options to bridge that gap. While incentives in California have helped make renewable diesel more common there than its petroleum-based counterpart, New York treats many biofuels — even if made from waste — as akin to fossil fuels by factoring in tailpipe emissions but not some upstream benefits. Renewable diesel brought into New York would not just count as only slightly better than oil, but it would also count the same whether made from recycled cooking grease or from crops, according to detailed estimates in an energy plan released by state officials last year. New York would consider more production emissions in-state, effectively treating renewable diesel made locally as worse for the climate than imports. The reverse is true for renewable natural gas, which counts as producing negative emissions if made in-state — since turning rotting dairy manure into energy avoids methane emissions — but similar to fossil-fuel natural gas if made elsewhere. While the California system has its critics, the New York energy plan says explicitly that the GHG accounting required by law "creates an incomplete picture" of biofuels' climate impacts. But the system is by design reflecting the wishes of progressive lawmakers who helped pass these requirements into law before Hochul took office, as well as those of environmental justice groups that hold sway in the Democratic-controlled state. Advocates want to stop burning any fuels that worsen air quality and think states like California have overstated the climate benefits of natural gas and biofuels at the expense of efforts to electrify cars and homes. Hochul, backed by business groups, disagrees. A recent memo prepared for her by a state energy agency estimated that polluters will have to pay far more for their emissions than they do in other states — as much as $180/tonne by 2030 — because of "differing accounting standards" and "inflexible" targets, and that fuel prices would spike. Carbon market cop out That memo gets at the core of the debate: rising energy costs are taking precedence in Hochul's policy calculus, putting the future of a carbon market in question. A task force of policy advisors in 2022 recommended a carbon market as the best option to achieve state climate targets. The program, similar to systems in California and Washington, would require fuel suppliers, industrial facilities and others to buy a dwindling pool of carbon allowances from the state. But the Hochul administration missed a 2024 legal deadline to have that plan in place and has been vague on when it will release even draft rules. After environmental groups sued, a state court directed the Hochul administration to release carbon market regulations . Hochul has since been more direct about her concerns and called for punting the rollout of the market to 2030. Environmentalists resent Hochul's argument that New York's targets are infeasible when her administration is slow-walking the rollout of a plan to achieve them. But they recognize the power governors wield in New York's mostly closed-door budget process. One potential compromise that has been discussed among advocates is implementing a carbon market with more typical emissions-accounting rules, while preserving the 20-year warming timeline for other state programs. This could address cost concerns while containing the backlash from climate advocates. It could also leave the door open for linkage with other carbon markets, which would be exceedingly difficult without aligning rules across different programs. Without changes, biofuel supporters also fear that a state "clean transportation standard" that regulators are studying could cut out many of the fuels rewarded by California. Lawmakers likewise have expressed resistance to sweeping changes. Senator Environmental Conservation Committee chair Pete Harckham (D), an influential voice on climate, has signaled some openness, however, to "modest adjustments". "We're committed to working with the governor to find reasonable solutions here, but in my humble opinion, a complete rollback of the state's climate law is untenable," Harckham said last week. By Cole Martin and Ida Balakrishna Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Rain to raise Turkey’s 2026-27 wheat output on year

26/04/13
26/04/13

Rain to raise Turkey’s 2026-27 wheat output on year

London, 13 April (Argus) — Turkey will produce 20.5mn t of wheat — including durum — in the 2026-27 (June-May) season, up from 16.5mn t year earlier, on favourable rains and strong NDVI readings in key planting areas, according to Argus . Turkish farmers will begin harvesting wheat in July. Argus raised its output forecast to 20.5mn t of wheat last week because of improved NDVI — an indicator of crop growth and development — readings, and larger planted areas. Market participants expect output to reach 23mn t. Turkey could produce 22mn-23mn t if favourable weather persists, according to Argus . The country is also expected to harvest wheat from a larger area at 7.45mn hectares (ha), according to Argus forecasts. The forecast would be the largest since 2018-19, when farmers harvested 7.8mn ha, US Department of Agriculture (USDA) data show. That said, a few planting areas in Turkey are facing poor growth, according to the EU's Anomaly Hotspots of Agricultural Production (Asap) system. Rains across most regions in early 2026 have benefited wheat crops, and only five provinces — Mersin, Adana, Osmaniye, Gaziantep and Kilis — are seeing either water shortages or poor crop development, Asap data show. Across these provinces, 27-71pc of crop areas are experiencing poor vegetation. Although these provinces show worse growth than the rest of the country, conditions have improved on the year, when all five had 100pc poor rain coverage and severe water deficits affecting 44-97pc of areas. Central Anatolia — Turkey's largest wheat-growing region — has more land with abundant vegetation than with poor vegetation, indicating higher yields, according to Asap. The Konya weather station in central Anatolia recorded above-average rainfall since the start of 2026, totalling 149mm in January-April compared with a 10-year average of 100mm for the same period, Speedwell Climate data show. By contrast, Adana received 971mm in the same period, up from an average of 284mm. The excess rainfall possibly harmed vegetation by overwatering soils and washing out fertilizer and nutrients. Central Anatolian areas are forecast to receive 6-19mm of rain in the coming week, according to weather projections, in line with the 10mm weekly average in Konya, suggesting continued favourable conditions. Higher wheat output for the coming marketing year is likely to reduce Turkey's reliance on imports. The USDA Foreign Agricultural Service forecasts Turkey's 2026-27 wheat imports at 6.5mn t, while Argus projects 4mn t, down from an average of 8.4mn t in 2021-26, USDA data show. Some have even started to expect a wheat import ban to come into force from July, as a result of favourable crop conditions in the country, market participants said, although any final decision on such a ban may only come in late June immediately before local harvests. Few in the market see the possibility of an import ban at present, they added. Global fertilizer price rises could limit application and affect protein levels at this stage of growth, but Turkey's agriculture ministry said it will manage fertilizer risks, including removing customs duties for certain fertilizers, such as DAP. By Erik Metaliaj Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

EU could face jet fuel shortages in three weeks: ACI

26/04/10
26/04/10

EU could face jet fuel shortages in three weeks: ACI

London, 10 April (Argus) — EU airports could experience jet fuel shortages in the next three weeks, airports association ACI Europe has said. "If the passage through the strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality for the EU", the organisation said in a letter to the European Commission. The letter follows a special meeting of the commission's Oil Co-ordination Group earlier this week, which ACI attended. Around 40pc of Europe's jet fuel imports transit the strait of Hormuz, but no jet cargoes bound for Europe have passed the strait since before the war between the US, Israel and Iran broke out on 28 February. The final cargo to have done so discharged earlier this week, in the Netherlands and Denmark, from the STI Supreme . Europe has adequate jet fuel supply at present, but traders and suppliers are extremely concerned about the coming weeks, and at least one European airline said suppliers could soon declare force majeure. These market participants broadly agree the effects will materialise by May , because Europe will be unable to fully replace lost Mideast Gulf supply. The fragile two-week ceasefire in the Gulf has done little to alleviate these concerns. Mideast Gulf loadings are unlikely to return to pre-war levels anytime soon, given high costs, the difficulty of securing insurance and the risk of continued attacks. This is in addition to major damage to regional energy infrastructure. It would also take at least four weeks for cargoes to arrive in Europe even if shipping resumes immediately. Stock levels in European countries vary, meaning some could face shortages sooner than others . In the most extreme scenario, the UK could run out of kerosine in three months, Portugal in four months and Hungary in five, Argus analysis shows, if Mideast Gulf supply cannot be replaced and if the impact spreads proportionally across importers. ACI Europe proposed measures the commission could adopt, including lifting restrictions and regulatory constraints — such as clarifying the EU Methane Emissions Regulation — collective purchasing of jet fuel, targeted refinery obligations and allowing producers to earmark part of their fuel sale premiums for financing sustainable aviation fuel (SAF). The organisation also called on the commission to develop EU-wide mapping, assessment and monitoring of jet fuel production and availability. European refiners are maximising jet production , Argus understands, and importing more from the US . By Amaar Khan Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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