Lufthansa and OMV sign SAF agreement
OMV and Lufthansa Group have signed a memorandum of understanding (MoU) for the supply of more than 800,000 tons of sustainable aviation fuel from next year to 2030.
The companies intend to expand their existing partnership and extend it to include new locations for SAF production and delivery as well as new SAF production technologies.
OMV, the integrated oil, gas and chemicals’ company headquartered in Vienna, has already been supplying the first volumes of SAF to Austrian Airlines at Vienna International Airport since March.
For OMV, the planned SAF supply partnership with the Lufthansa Group is a further step towards reducing the CO2 intensity of the product portfolio and providing solutions for the sustainable development of the aviation industry.
OMV sees SAF as an important portfolio upgrade to its jet fuel range. Innovation and future-oriented technologies are essential to meet climate and greenhouse gas emissions targets. OMV is implementing numerous measures to achieve its ambitious strategic sustainability goals, and SAF significantly contributes to its transformation.
OMV aims to become a net-zero company by 2050 for Scope 1,2 and 3. The planned scale up of SAF production to 700,000 tons in 2030 will play an important role in achieving these goals.
SAF is produced by OMV by co-processing sustainable and regional raw materials, specifically used cooking oil.
Compared to conventional jet fuel, SAF contributes to a reduction of greenhouse gas emissions of more than 80% over the entire life cycle.
The companies intend to expand their existing partnership and extend it to include new locations for SAF production and delivery as well as new SAF production technologies.
OMV, the integrated oil, gas and chemicals’ company headquartered in Vienna, has already been supplying the first volumes of SAF to Austrian Airlines at Vienna International Airport since March.
For OMV, the planned SAF supply partnership with the Lufthansa Group is a further step towards reducing the CO2 intensity of the product portfolio and providing solutions for the sustainable development of the aviation industry.
OMV sees SAF as an important portfolio upgrade to its jet fuel range. Innovation and future-oriented technologies are essential to meet climate and greenhouse gas emissions targets. OMV is implementing numerous measures to achieve its ambitious strategic sustainability goals, and SAF significantly contributes to its transformation.
OMV aims to become a net-zero company by 2050 for Scope 1,2 and 3. The planned scale up of SAF production to 700,000 tons in 2030 will play an important role in achieving these goals.
SAF is produced by OMV by co-processing sustainable and regional raw materials, specifically used cooking oil.
Compared to conventional jet fuel, SAF contributes to a reduction of greenhouse gas emissions of more than 80% over the entire life cycle.
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