Neste, Shell sign agreement to increase supply of SAF
In a move which anticipates increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement.
This agreement, which goes into effect in October, significantly increases the supply and availability of SAF for the aviation industry. It brings together Neste's expertise in the production and supply of renewable diesel and SAF with Shell Aviation's world-class credentials in supplying and managing fuel around the world.
"To tackle climate change and reach net-zero emissions, the aviation industry must act fast," said Anna Mascolo, president of Shell Aviation. "Shell Aviation aims to reduce the carbon intensity of the fuels we sell, which includes selling more lower-carbon fuels like sustainable aviation fuel, over time. Today's agreement with Neste will help Shell Aviation customers to lower their emissions and demonstrates the kind of progress we can deliver by working in collaboration with others."
Thorsten Lange, executive vice president for renewable aviation at Neste, said, "The aviation industry is essential for global business, generating growth and facilitating economic recovery. It also enables people to travel and goods to be transported rapidly across the globe. But if we are to address aviation-related emissions, we need to utilize all the available solutions. SAF offers the only viable alternative to fossil liquid fuels for powering commercial aircraft with an immediate potential to reduce aviation's greenhouse gas emissions. We are fully committed to supporting the aviation industry, its customers and corporates with their emission reduction targets."