Neste and ENOC Group enter into collaboration to drive sustainable aviation fuel initiatives in Dubai and the MENA Region
Neste Corporation, News, 29 November 2023
Photo: Alexander Kueper, Vice President EMEA from the Renewable Aviation business at Neste (l) and Farid Al Bastaki, Director Commercial and International Sales, ENOC Aviation sign the collaboration agreement. Source: ENOC
Neste and ENOC Group, a leading integrated global energy player, have agreed to collaborate to explore the possibilities of supplying and purchasing sustainable aviation fuel (SAF) in Dubai and the wider Middle East North Africa (MENA) region in the coming years. Both partners are committed to supporting the efforts to reduce greenhouse gas emissions from aviation in the region and recognize the critical role SAF can play in that.
By leveraging the expertise of Neste as the world’s leading producer of SAF and ENOC's position as the leading jet fuel supplier in the MENA region, this collaboration can play a key role in accelerating the shift of the aviation sector in the region towards lower-emission fuels. Neste and ENOC recently supported Emirates' first Airbus A380 100% SAF demonstration flight as they supported a similar Emirates 100% SAF demonstration flight on a Boeing 777-300ER earlier this year.
“This transformative agreement serves as a testament to ENOC's unwavering commitment to advancing the UAE’s visionary goal of achieving net-zero carbon emissions by 2050. In our relentless pursuit of sustainability, ENOC is embarking on a profound journey towards integrating sustainable aviation fuel seamlessly into our operational fabric. By embracing sustainable aviation fuel, we aspire to set new standards for responsible business practices, becoming pioneers in fostering a more sustainable future for our industry. As we integrate sustainable aviation fuel into our operations, we invite our industry peers, stakeholders, and the broader community to join us on this transformative journey towards a sustainable and resilient future for the UAE, the region, and beyond,” said His Excellency Saif Humaid Al Falasi, Group CEO of ENOC.
“Sustainable aviation fuel is a readily available solution for reducing the greenhouse gas emissions from air travel. This milestone agreement with ENOC to explore the supply of SAF in the coming years not only illustrates our commitment to supporting airlines in the region but also the importance of cooperation with ambitious partners to increase SAF availability and adoption,” said Alexander Kueper, Vice President EMEA from the Renewable Aviation business at Neste.
Sustainable Aviation Fuel
Sustainable aviation fuel is a renewable aviation fuel providing a more sustainable alternative to conventional, fossil-based jet fuel. Using Neste MY Sustainable Aviation Fuel™ reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle, compared to using conventional jet fuel. Neste’s SAF is made from sustainably sourced, 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste. SAF is blended with conventional jet fuel before use and works seamlessly with existing aircraft engines and fueling infrastructure.
*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology.
Further information:
Neste: Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.
ENOC Group: Please contact Nisha Celina or Taief Saleh from ASDA’A BCW, tel. +9714 4507600 / nisha.celina@bcw-global.com or taief.saleh@bcw-global.com
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials.
As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.
The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com
About ENOC Group
ENOC Group is a leading integrated global energy player and a wholly owned entity of the Government of Dubai that is integral to the Emirate’s success. ENOC owns and operates assets in the fields of exploration & production, supply & operations, terminals, fuel retail, aviation fuel and petroleum products for commercial & industrial use. The Group’s general business operations include automotive services, non-fuel F&B retail and fabrication services. Servicing thousands of customers in over 60 markets, the Group employs a multi-national workforce of over 11,000 employees and is deploying its world-class customer service, latest innovations, and technologies as well as best practices to empower the UAE’s social and economic development. For further information, please visit: www.enoc.com
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