Neste and HELLENiQ ENERGY, one of Southeast Europe’s leading energy groups, have successfully collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki. This marks the first time that blended SAF has been 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 with a solution to reduce greenhouse gas emissions from air travel. The timing of this delivery is particularly significant as it coincides with the summer tourist season, a crucial period for the Greek economy.
SAF is widely recognised as a key component in achieving aviation’s global emissions reduction goals. However, the industry faces challenges in obtaining SAF in sufficient quantities. This partnership between Neste and HELLENiQ ENERGY is a milestone, marking the first bulk delivery of SAF to Greece via vessels instead of trucks, thereby reducing transport emissions. More deliveries are planned throughout 2024.
Diomidis Stamoulis, senior director of strategic planning of industrial activities & participation at HELLENiQ ENERGY, commented, “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 realised. Now, this effort is expanding to the entire industry in Greece with even larger volumes, and at more airports.”
Alexander Kueper, vice president of renewable aviation business at Neste, added, “Sustainable aviation fuel is a readily available solution for reducing the 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 the Southeast European region but also the importance of cooperation with ambitious partners to increase SAF availability and adoption. We’re looking forward to further developing our cooperation with HELLENiQ.”
This collaboration underscores the commitment of both companies to advance the green energy transition and support the aviation industry’s efforts to reduce its environmental impact.
For more information visit www.neste.com
