Aemetis reaches $7b SAF, renewable diesel supply agreements

Renewable fuels firm Aemetis has signed offtake agreements worth $7b for sustainable aviation fuel and renewable diesel. This includes agreements with ten airline companies for the delivery of 916mn gallons of blended sustainable aviation fuel. The contracts were signed with Delta Air Lines, Jet Blue Airlines, as well as with oneworld Alliance members including American Airlines, Alaska Airlines, British Airways, Cathay Pacific, Finnair, Iberia , Japan Airlines and Qantas. Collectively valued at nearly $3.8b, this contract will see Aemetis supplying the green fuel for seven to ten years. Saf will be delivered to San Francisco International Airport and Los Angeles International Airport as blended fuel. The blended Saf consists of 40% of ‘neat’ sustainable aviation fuel and 60% petroleum jet fuel. Earlier, Aemetis signed a supply agreement with a major travel stop chain for 450m gallons of RD, which will be delivered to Northern California truck fuelling locations.<br/>