Neste to supply sustainable jet fuel to US airline trio at SFO Airport
Author: Gabriel Jorby.
Finnish oil refiner Neste Oyj (HEL:NESTE) is supplying its sustainable aviation fuel (SAF), made from waste and residue, to three US airlines for flights out of San Francisco International Airport (SFO).
Alaska Airlines, American Airlines and JetBlue Airways have committed to use Neste’s blend at SFO and have already taken their first deliveries within the last few weeks, the Finnish company said.
The switch to the sustainable option is the result of an 2018 agreement between Neste, SFO, Alaska Airlines, American Airlines, other carriers and fuel producers to increase the use of SAF.
Neste’s blend is made from sustainably sourced, 100% renewable waste and residue materials and can reduce greenhouse gas emissions by up to 80% compared to conventional jet fuel over the life-cycle, according to the company.
The company's annual SAF capacity is currently 100,000 tonnes (34 million gallons). This number could increase to 1.5 million tonnes (515 million gallons) of SAF per year by 2023, with the Singapore refinery expansion, which is on the way, and a possible additional investment in the Rotterdam refinery, Neste added.
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