JAL and Shell Aviation Sign Purchase Agreement to Replace Fuel Uplifted in Los Angeles with SAF
06.21.2023 By Tank Terminals - NEWS

June 21, 2023 [Japan Airlines]- JAL has signed an agreement with Shell Aviation (“Shell”) which will see aircraft refueled in Los Angeles with Sustainable Aviation Fuel (SAF) from 2025, supporting JAL’s ESG target of replacing 1% of its whole jet fuel amount with SAF in fiscal year 2025 set in its GX strategy.

 

Under the agreement, Shell will supply JAL with SAF volumes equivalent to its current estimated jet fuel uplifts in Los Angeles over the supply period.

The SAF to be supplied emits 75% less CO2 than conventional jet fuel when used neat and the associated lifecycle emission reduction from this agreement amounts to more than 47,000 tons of CO2 on an annual basis.

On May 2, 2023, JAL announced its plan to achieve carbon neutrality by 2050 (“JAL Group Medium-Term Management Plan Formulated the Rolling Plan 2023”) and has set a goal to reduce 10% of its CO2 emission compared to the 2019 level by fiscal year 2030. In line with these goals, as interim targets, JAL intends to replace 1% of its total jet fuel consumption with SAF in fiscal year 2025 and 10% in fiscal year 2030.

JAL Group will continue to accelerate SAF procurements globally, advance the stable mass-production, commercialization, diffusion and expansion of domestically produced SAF through ACT FOR SKY activities, and make efforts toward replacing 10% of its jet fuel consumption with SAF in 2030 in order to achieve net zero emission by 2050.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

NEXTCHEM (MAIRE) Completes the Acquisition of HyDEP and Dragoni Group
05.02.2024 - NEWS
May 02, 2024 [Next Chem]- Further to the announcement made on 21 February 2024, MAIRE (MAIRE.MI)... Read More
INEOS Completes Purchase of LyondellBasell’s Ethylene Oxide and Derivatives Business
05.02.2024 - NEWS
May 02, 2024 [Ineos]- INEOS Oxide and LyondellBasell (LYB) have today completed the sale of LYB... Read More
Trafigura Orders Ammonia Dual-Fuel Gas Carriers
05.02.2024 - NEWS
May 02, 2024 [Splash 247]- Commodities giant Trafigura has contracted four ammonia dual-fuel mids... Read More
Al Masaood Energy And Gecko Robotics Secure Multi-Year Contract With ADNOC Gas
05.02.2024 - NEWS
May 02, 2024 [Storage Terminals Magazine]- Al Masaood Energy and Gecko Robotics have proudly anno... Read More