Neste enters long-term agreement with Advario for SAF storage, logistics services in Singapore
Advario Singapore Ltd. announced May 22 that the company has entered a long-term partnership with Neste Corp. in which Advario is providing integrated storage and logistics services for Neste’s sustainable aviation fuel (SAF).
The agreement between Advario and Neste will enable the storage of SAF and Jet A-1, as well as the blending of SAF with jet fuel, allowing Neste to supply SAF blends to airlines operating at Singapore Changi Airport and supply SAF to other markets.
Advario will provide bespoke storage and related logistics services to Neste to facilitate Neste’s SAF operations.
“SAF is a renewable fuel aligned with Advario’s strategic growth plans,” said Andres Bereilh, Advario Asia’s vice president of Southeast Asia. “Advario is strongly committed to driving innovation and sustainability in the energy sector. The entry into SAF storage signals Advario’s ambition to play a frontrunner role in our industry’s transformation. The partnership between Advario and Neste enables both companies to accelerate Singapore’s transition into sustainable fuels and to take a leading role in the SAF storage and logistics in Singapore.”
Sami Jauhiainen, the acting executive vice president for Neste’s renewable aviation business unit, added, “Neste started up operations in our expanded Singapore refinery after mid-April, providing us up to 1 million tons of SAF production capability to serve our customers in the Asia Pacific region and globally. We are pleased to partner with Advario establishing the capability to blend our Singapore-produced SAF with conventional jet fuel. This enables us to supply our customers with certified SAF blends that can be delivered to airports across the Asia-Pacific region. The blending terminal also forms a key element in Neste’s integrated SAF supply chain into the Changi airport where Neste, as a minority shareholder in the Changi Airport Fuel Hydrant Installation Company Pte Ltd., the fuel storage and infrastructure joint venture of the airport, is able to supply blended SAF directly to our airline customers.”
Advario is headquartered in Rotterdam, the Netherlands, and operates 13 terminals in Europe, China, Singapore, Middle East and the U.S., with a total storage capacity of 2.1 billion gallons.
Advario Singapore is a joint venture terminal between Oiltanking GmbH and 3i Infrastructure plc.
Since it started its operations in 1990, the terminal is based on Jurong Island with its current storage capacity exceeding 343.4 million gallons and established multiple strategic pipeline connectivity within the energy hub.
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