Neste and HELLENiQ Energy collaborate on sustainable aviation fuel delivery

Research

Brandon Williamson Vice President Market Leader of Infrastructure/Aviation Group | AviationPros

By Sky Industry News

Jul 30, 2024

Neste and HELLENiQ Energy have collaborated to deliver blended Neste MY Sustainable Aviation Fuel (SAF) to HELLENiQ Energy's facilities in Thessaloniki. This marks the first time that blended SAF is supplied to Greece in bulk using ships for transport.

The delivery aims to increase the availability and accessibility of sustainable aviation fuel at airports throughout Greece, providing airlines and passengers a solution to reduce greenhouse gas emissions from air travel. The timing coincides with the summer tourist season, a crucial period for the Greek economy.

SAF has been acknowledged as a key lever in achieving aviation’s emissions reduction goals globally. However, one challenge facing the industry is the availability of SAF in sufficient quantities. This partnership is significant as it marks the first time that SAF is being delivered to Greece in bulk via vessels instead of trucks, which reduces transport emissions. More deliveries are expected during 2024.

Get the Newsletter

Sign-up to receive weekly round up of news from Sky Industry News

By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

“HELLENiQ Energy was the first to ensure the supply of Neste’s sustainable aviation fuel in Greece, already back in 2022. The expansion of the collaboration with Neste is in line with our group’s strategic goal to become a provider of low-carbon energy solutions and to continuously reduce our carbon footprint. Our aim is to facilitate aviation fuel suppliers, airlines, and airports to prepare in a proactive manner for the upcoming European Union SAF mandate targets starting in 2025. This effort started two years ago when our subsidiary EKO began for the first time in Greece supplying AEGEAN aircraft with SAF for flights departing from Thessaloniki Airport “Makedonia”, making it the 7th airport in the world where a SAF-fueled flight was realized. Now, this effort is expanding to the entire industry in Greece with even larger volumes, and at more airports,” said Diomidis Stamoulis, senior director strategic planning of industrial activities and participations at HELLENiQ Energy.

“Sustainable aviation fuel is a readily available solution for reducing greenhouse gas emissions from air travel. This cooperation with HELLENiQ Energy to supply our SAF to Greece not only illustrates our commitment to supporting airlines in Southeast Europe but also highlights the importance of cooperation with ambitious partners to increase SAF availability and adoption. We’re looking forward to further developing our cooperation with HELLENiQ,” said Alexander Kueper, vice president renewable aviation business at Neste.