Houston American Energy and BTG Bioliquids Partner to Develop Sustainable Aviation Fuel

Houston American Energy Corp. and Abundia Global Impact Group announced a binding Term Sheet with BTG Bioliquids to develop biomass-to-liquid fuels and Sustainable Aviation Fuel projects using BTG Bioliquids' fast pyrolysis technology. The collaboration aims to convert waste biomass into liquid fuels, and the next phase of development will be advanced at HUSA's Cedar Port site in Texas. The partnership aligns with HUSA's strategy to develop a diversified renewable-fuels platform and capitalizes on the accelerating global market for SAF and next-generation biofuels.

Houston American Energy Corp. (HUSA) and Abundia Global Impact Group have signed a binding Term Sheet with BTG Bioliquids to develop biomass-to-liquid fuels and Sustainable Aviation Fuel (SAF) projects using BTG Bioliquids' fast pyrolysis technology. The collaboration aims to convert waste biomass into liquid fuels, aligning with HUSA's strategy to diversify its renewable-fuels platform. The next phase of development will be advanced at HUSA's Cedar Port site in Texas, capitalizing on the accelerating global market for SAF and next-generation biofuels.

The partnership signifies a significant step towards decarbonizing the aviation industry, as SAF has the potential to reduce greenhouse gas emissions by up to 80% compared to conventional jet fuel Singapore sets 1% sustainable aviation fuel target under new levy framework^[1]. This collaboration is part of a broader trend in the aviation sector, where governments and companies are increasingly investing in SAF to meet sustainability goals and regulatory requirements.

According to the Civil Aviation Authority of Singapore (CAAS), Singapore has set a 1% SAF target by 2026, with plans to raise this to 3-5% by 2030, depending on global supply conditions. The CAAS has also introduced a levy and fund for SAF to support aviation decarbonisation while keeping costs stable for airlines and passengers Singapore sets 1% sustainable aviation fuel target under new levy framework^[1]. This regulatory framework demonstrates the growing commitment to SAF development and adoption globally.

The collaboration between HUSA, Abundia Global Impact Group, and BTG Bioliquids underscores the importance of public-private partnerships in driving innovation and sustainability in the energy sector. As the demand for SAF continues to grow, such partnerships will be crucial in scaling up production and ensuring the availability of sustainable aviation fuels.