Reading Time: 2 minutes
Air bp, the international aviation fuel products and services supplier and Neste, the world’s largest producer of renewable diesel and sustainable aviation fuels (SAF), have signed an agreement to offer an increased volume of sustainable aviation fuel to airport customers in 2020 and 2021. The volume is five times larger than that supplied by the businesses 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.
Neste’s SAF is produced from 100% renewable waste and residue raw materials. In its neat form and over the lifecycle, it can reduce up to 80% of greenhouse gas emissions compared to conventional jet fuel. SAF undergoes the same quality tests as regular fossil jet fuel and can be blended at up to 50% to fuel aircraft. Currently, SAF offers the only viable drop-in alternative to fossil liquid fuels for powering commercial aircraft.
“bp’s ambition is to be a net zero company by 2050 or sooner and to help the world get to net zero. Air bp aims to support our customers and the wider aviation industry on their path to meet their low carbon goals. We believe sustainable aviation fuel 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”, says Martin Thomsen, Air bp’s chief executive officer.
“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 sustainable aviation fuel 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 a more sustainable aviation”, says Thorsten Lange, Executive Vice President, Renewable Aviation at Neste.
Neste’s sustainable aviation fuel annual capacity is currently 100,000 tons. With their Singapore refinery expansion on the way, and with possible additional investment into their Rotterdam refinery, Neste will have the capacity to produce some 1.5 million tons of SAF annually by 2023.