SAS signs biofuel agreement with Swedish supplier

SAS has signed a letter of intent with Swedish biofuels supplier Preem, with the aim of firming this into a binding cooperation agreement by September. “SAS has the ambition to replace today’s fuel volume for domestic aviation with biofuel by 2030,” SAS said. Preem is planning to expand the capacity of its Gothenburg refinery, as it works to develop biofuels based on Swedish forest residues. The company is aiming to produce 3m cubic meters of biofuels by 2030. The two companies will work together to produce the biofuel, which should be available from 2022, reserving a proportion for aviation use. “By Sept 2018, the parties will meet a binding and more detailed cooperation agreement. If the continued work goes well, SAS and Preem intend to also agree on future long-term supply contracts for biojet,” SAS said. <br/>
ATW
http://atwonline.com/eco-aviation/sas-signs-biofuel-agreement-swedish-supplier
7/3/18
sk