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 blended SAF has been supplied to Greece in bulk using ships for transport.

The delivery of the blended SAF will significantly enhance the availability and accessibility of sustainable aviation fuel at airports throughout Greece. This initiative provides airlines and passengers with a viable solution to reduce greenhouse gas emissions from air travel, particularly timely for the summer tourist season, a critical period for the Greek economy.

SAF is widely recognised as a key lever in achieving global aviation emissions reduction goals. However, one of the industry’s major challenges is the availability of SAF in sufficient quantities. This partnership is a milestone, as it is the first time SAF is being delivered to Greece in bulk via vessels instead of trucks, reducing transport emissions. Further deliveries are planned for the remainder of 2024.

“HELLENiQ ENERGY was the first to ensure the supply of Neste’s sustainable aviation fuel in Greece back in 2022. The expansion of our collaboration with Neste aligns with our strategic goal to become a provider of low-carbon energy solutions and continuously reduce our carbon footprint. Our aim is to facilitate aviation fuel suppliers, airlines, and airports to proactively prepare for the upcoming European Union SAF mandate targets starting in 2025. This effort started two years ago when our subsidiary EKO began supplying AEGEAN aircraft with SAF for flights departing from Thessaloniki Airport ‘Makedonia,’ making it the seventh 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,” said Diomidis Stamoulis, senior director strategic planning of industrial activities & participation at HELLENiQ ENERGY.

“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 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.

For more information visit www.neste.com
2nd August 2024