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Neste extends relationship with World Fuel Services ensuring availability of SAF at over 100 airports in Europe

  • Neste Corp.
  • 17 minutes ago
  • 2 min read
Photo: World Fuel Services
Photo: World Fuel Services

Neste Corp. Announced Feb. 17 that it and World Fuel Services have extended their existing relationship with a five-year agreement that will expand the availability of Neste-supplied sustainable aviation fuel (SAF) at more than 100 airports across World Fuel’s U.K. and European network.

  



The extended agreement helps support World Fuel’s ability to secure SAF supply and comply with regulatory requirements, including the ReFuelEU aviation regulation and the U.K. SAF mandate.




Through World Fuel’s European network, SAF will be available to its commercial, business and general-aviation customers, ensuring a reliable supply of SAF for these customers.




The agreement builds on a longstanding collaboration between the two companies, combining World Fuel’s established aviation-fuel supply distribution and infrastructure capabilities with Neste’s established SAF production and supply capabilities.




This includes Neste’s renewable fuels refinery in Rotterdam, the Netherlands, currently capable of producing up to 500,000 tons of SAF annually.


 


“By combining our extensive European network with Neste’s growing SAF production, we are strengthening the supply foundation our customers rely on as regulatory requirements accelerate across the region,” said Duncan Storey, World Fuel’s senior vice president of the European, Middle Eastern and African regions of the world. “This agreement enhances our ability to deliver consistent, scalable access to SAF where it’s needed most.”




 Carl Nyberg, Neste’s senior vice president of commercial, renewable products, added, “We are excited to extend the relationship with World Fuel Services. These kinds of collaborations are crucial to supporting the aviation industry in reducing greenhouse-gas emissions and meeting SAF mandates, such as the ReFuelEU aviation regulation. As Neste is scaling its SAF production capability from 1.5 million tons to 2.2 million tons per annum in 2027, leveraging World Fuel’s extensive network of airports in Europe will increase the availability and flexibility of SAF supply for airlines.”  




Today, Neste’s global SAF production capability is 1.5 million tons (around 515 million gallons) per year, and it is set to grow to 2.2 million tons (around 750 million gallons) in 2027.

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