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Atoba, easyJet, World Fuel sign agreement to develop long-term SAF supply

  • Atoba Energy
  • Apr 30
  • 3 min read
From left, Storey, World Fuel; Shergill and Baker, easyJet; and Namer, Atoba. (Photo: Atoba Energy)
From left, Storey, World Fuel; Shergill and Baker, easyJet; and Namer, Atoba. (Photo: Atoba Energy)

Atoba Energy and easyJet, in partnership with World Fuel Services, announced April 29 the signing of a memorandum of understanding (MOU) for the development of long-term supply of sustainable aviation fuel (SAF) for easyJet’s operations in Europe and the U.K.

 


The agreement supports the airline’s decarbonization strategy and is expected to unlock the SAF value chain through the combination of Atoba’s SAF aggregation, enabling management of pricing and supply volatility risk for airlines, and World Fuel’s global jet-fuel logistics, blending, storage and distribution infrastructure.

 


The agreement is an important step toward scaling advanced SAF technologies and is intended to support the decarbonization of easyJet.

 


The SAF market is facing challenges in expanding at the rate demanded by environmental needs and regulatory mandates.

 


While producers need long-term, stable pricing contracts to ensure a return on their investments, easyJet is seeking competitive SAF market prices in the context of a nascent industry with diverse competing technologies.

 


This conflict of expectations currently hinders the development of SAF production projects, and Atoba’s business model brings a solution, the company said.

 


Atoba facilitates the development of SAF production through its upstream and downstream SAF offtake portfolio management.

 


By offtaking from diversified producers that use production technologies like alcohol to jet, gas Fischer Tropsch or power to liquids, Atoba said it mitigates technological and pricing risks associated with the various SAF production pathways and facilitates the closing of long-term offtake agreements among airlines, jet-fuel distributors, SAF producers and financial institutions, which are essential for scaling the industry.

 


World Fuel intends to manage logistics, blending, storage and regulatory fulfillment for the EU and U.K. mandates.

 


World Fuel’s role in ensuring the seamless integration of SAF into easyJet’s supply chain underscores the parties’ joint commitment to developing an efficient and compliant end-to-end SAF supply chain.

 


“We are deeply committed to fostering the growth of the SAF industry and are thrilled to see Atoba introduce their innovative approach to catalyzing the development of the SAF market,” said Raminder Shergill, easyJet’s director of tax and fuel strategy. “By addressing the long-term offtake challenges that have hindered investment in SAF projects, Atoba’s approach paves the way for accelerated industry expansion, greater investment confidence and credible pricing and supply security for easyJet.”

 


Arnaud Namer, co-founder and CEO of Atoba Energy, added, “We are proud to partner with easyJet and World Fuel, two aviation-industry leaders taking bold and proactive steps to accelerate aviation’s transition to sustainable aviation fuels. With their expertise in highly efficient operational cost management, they are setting a strong precedent for the industry. We are excited to support their transition through our SAF aggregation services, providing airlines with long-term competitive advantages as they shift toward more sustainable fuels.”

 


Duncan Storey, World Fuel’s senior vice president for Europe, the Middle East and Africa, said, “Our collaboration with easyJet and Atoba underscores our commitment to expanding global access to sustainable aviation fuel. By managing logistics and regulatory compliance, we work to ensure the seamless integration of SAF in the market, empower producers and connect sustainability-focused customers with innovative supply.”

 


Atoba is a midstream SAF aggregator focused on accelerating the aviation industry’s energy transition through solving the financial dilemma between airlines and producers.

 


Atoba provides long-term SAF contracts to airlines and jet-fuel resellers at optimized market SAF-pricing indexes.

 


The company brings high security and competitiveness to the SAF supply chain for its airline partners via offtake from diversified producers and technologies, as well as sector expertise.

 


Simultaneously, Atoba’s aggregation strategy allows the SAF industry to scale by providing producers with long-term offtake agreements that support their final-investment decisions for their SAF production plants. 

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