Neste and Air bp have agreed to offer an increased volume of sustainable aviation fuel (SAF) to airport customers in 2020 and 2021.
Under the agreement, the major renewable diesel and SAF supplier and international fuel products firm will increase volumes by five times those supplied to business in 2019. Air bp will make the Neste-produced SAF available at selected airports in Europe, with deliveries to airports including Stockholm (ARN) and Oslo (OSL) expected to begin in the coming weeks.
“Bp’s ambition to be a net-zero company by 2050 or sooner and to help the world get to net-zero,” said Martin Thomsen, Air bp’s CEO. “Air bp aims to support our customers and the wider aviation industry on their path to meet their low carbon goals.
“We believe SAF will play an important role as the industry recovers from the impact of the COVID-19 pandemic. Through our successful ongoing collaboration with Neste, we are pleased to be able to offer our customers a substantially increased volume of SAF as they work towards reducing their emissions.”
The increased supply of SAF comes in response to rising demand from airline customers, including from Norway, where there is a mandate requiring 0.5% of all jet fuel sold to be SAF.
Neste’s SAF annual capacity is currently 100,000 tons. With its Singapore refinery expansion on the horizon and possible additional investment into the Rotterdam refinery, Neste will have the capacity to produce around 1.5 million tons of SAF every year by 2023.
Thorsten Lange, executive vice-president of renewable aviation at Neste, said: “The COVID-19 pandemic and its economic implications have not changed our ambition. We remain fully committed to combating climate change by providing tangible, immediately available solutions for reducing the greenhouse gas emissions of flying in cooperation with our partners.
“The use of SAF will play a significant role in the industry’s ongoing efforts in making air transportation fit for the climate and environmental challenges it is facing. We are looking forward to continuing our close collaboration with Air bp and jointly contributing to more sustainable aviation.”
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