A Critical Review of Biofuels as an Alternative Fuel to Diesel in Gulf Regional Corporation (GCC) Region: Current Market Trends and Future Opportunitie
A Critical Review of Biofuels as an Alternative Fuel to Diesel in Gulf Regional Corporation (GCC) Region: Current Market Trends and Future Opportunitie
Author(s): Faisal O. Mahroog, Sunny Narayan, Muhammad Usman Kaisan, Abdulkadir Aliyu, Ibrahim Yahuza, Ivan Grujić, Nadica StojanovicSubject(s): Supranational / Global Economy, Energy and Environmental Studies, Transport / Logistics
Published by: Žilinská univerzita v Žilině
Keywords: energy; alternative fuels; biofuels;
Summary/Abstract: Bio Fuels are considered as good alternatives for conventional fossil fuels. By the year 2020, in the GCC region these fuels are able to meet around 0.5 - 1 % of total transportation fuel demand. This industry grew at rate of 3.4 % over the period of 2015-2020 with a strong projected growth in the Kingdom of Saudi Arabia (KSA). Bio fuels are used to operate automotive for mining and construction industries. Critical barriers in foreign investments pose a major challenge for growth of this sector in the GCC region.
Journal: Komunikácie - vedecké listy Žilinskej univerzity v Žiline
- Issue Year: 24/2022
- Issue No: 1
- Page Range: 67-73
- Page Count: 7
- Language: English