Indian Oil Corp seals deal with LanzaJet for more SAF

Indian Oil Corp is set to sign an agreement with LanzaJet to produce cleaner aviation fuel at its Panipat refinery in northern India, Reuters reported.
US-based LanzaJet helps companies produce aviation fuel from ethanol manufactured from agricultural or industrial waste.
By 2030, 2% of aviation fuel produced by Indian Oil will be sustainable aviation fuel.
Indian Oil already has a tie up with LanzaTech, LanzaJet's parent company, to convert waste to ethanol, and the LanzaJet deal will help upgrade the ethanol to cleaner jet fuel.
The oil refiner is also in talks with Italy's Snamprogetti for the conversion of gas pipelines into hydrogen pipelines.
Unlike the United States and the European Union, India does not have policies governing SAF yet. The European Commission SAF mandate is expected to start in 2025 with a minimum volume of SAF at 2%.
LanzaTech would aim to start producing ethanol-based aviation fuel at the Panipat refinery in 2-3 years, Chief Executive Officer Jennifer Holmgren said.