Air BP, which has a strong presence in the Nordics, and Helsinki-based Neste develop a sustainable aviation fuel supply chain.
Neste and Air BP have entered into an agreement to explore opportunities to increase the supply and availability of sustainable aviation fuel for airlines.
Helsinki-based Neste is the world’s largest producer of renewable diesel refined from waste and residues, with revenues of €13.2 billion in 2017, while Air BP is one of the world’s leading suppliers of aviation fuel products and services, fuelling over 6,000 flights a day.
Air BP has supplied BP Biojet product in the Nordics since 2014 at around 10 airports – including in Oslo where it was the first to supply sustainable aviation fuel through the existing infrastructure, in an earlier collaboration with Neste.
The new collaboration between the two partners aims to combine Neste’s knowledge and manufacturing solutions for producing and blending renewable jet fuel with Air BP’s customer relationships, supply chains and product quality assurance capabilities.
One goal of the cooperation will be efforts to bring a co-branded sustainable aviation fuel to airports across Air BP’s global network.
Sustainable aviation fuel is made by blending conventional, fossil-based kerosene with renewable hydrocarbons produced from, for example, recycled cooking oil.
It is then certified as Jet-A1 fuel and can be used in aircraft without needing any technical modifications. Flying on sustainable aviation fuel reduces crude oil consumption and produces lower lifecycle carbon emissions than conventional jet fuel.
“We expect our collaboration will not only […] provide a solution to better matching supply to increased demand for renewable jet fuel but also deliver distinct advantages to airlines by significantly decreasing their environmental footprint,” said Kaisa Hietala, Neste’s executive vice president for renewable products.
The aviation industry has set ambitious targets to mitigate greenhouse gas emissions from air transportation, including carbon-neutral growth from 2020 and beyond, and a 50% reduction in net aviation carbon emissions by 2050.