Skip to content
Back to Guavy Wire
Stocks

Pertamina and Boeing Collaborate to Advance Indonesia’s Sustainable Aviation Fuel Future

Instruments
BA
Share

PT Pertamina (Persero) and Boeing have teamed up to boost Indonesia’s sustainable aviation fuel (SAF) ecosystem through a new partnership. The collaboration, formalized by a memorandum of understanding (MoU), aims to expand domestic biojet fuel production, support aviation decarbonization, and position Indonesia as a regional leader in SAF. The agreement focuses on identifying sustainable feedstocks, advancing SAF technologies, and developing policies to accelerate commercial deployment in the country.

Indonesia is well-positioned to become a top regional SAF producer, with projections placing it among ASEAN’s top three producers by 2050. The country could achieve a SAF surplus of 2.2 million barrels per day, supported by strong aviation demand. Boeing forecasts a 7% annual growth in passenger air traffic in Southeast Asia, requiring 4,885 new aircraft by 2044. Pure SAF can reduce lifecycle carbon emissions by up to 80% compared to conventional jet fuel.

Simon Aloysius Mantiri, Pertamina’s President Director, highlighted the strategic advantages of the partnership, citing Indonesia’s abundant resources, Pertamina’s refining capabilities, and Boeing’s global expertise. The collaboration is expected to drive economic growth and support the aviation sector’s transition to lower-carbon energy. Pertamina has already produced and certified SAF, which has been used on selected Pelita Air flights, and is developing the Cilacap Biorefinery to produce SAF and hydrotreated vegetable oil (HVO) from waste-based feedstocks.

Boeing Indonesia Managing Director Indra Duivenvoorde emphasized Indonesia’s strategic position to lead sustainable aviation in Southeast Asia. The partnership is set to foster a more sustainable aviation industry while contributing to the country’s broader economic development.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc