Neste and Air Canada Sign Agreement for the Supply of 60,000 Tonnes of Neste MY Sustainable Aviation Fuel
11.13.2024 By Tank Terminals - NEWS

November 13, 2024 [Storage Terminals Magazine]- Neste and Air Canada have announced an agreement for the supply of 60,000 metric tonnes (77.6 million litres) of neat Neste MY Sustainable Aviation Fuel™. This agreement marks the first time that Neste MY SAF will be supplied to Canada and represents Air Canada’s first commercial import of SAF into the country. Deliveries will commence in December 2024 at the Vancouver marine terminal, with continued shipments throughout 2025. The terminal’s direct pipeline connection to Vancouver International Airport will facilitate the use of the blended SAF at the airport.

 

This partnership reinforces Air Canada’s commitment to environmental sustainability and its goal to procure SAF to account for 1 percent of the airline’s projected jet fuel consumption by 2025. The new agreement builds on a history of collaboration between the two companies; in 2023, Air Canada sourced SAF from Neste at both San Francisco International Airport and Amsterdam Airport Schiphol.

Michael Rousseau, president and CEO of Air Canada, emphasised the importance of this initiative: “Air Canada is actively pursuing efforts to mitigate its GHG emissions, and SAF is a critical component of our multifaceted approach to reducing our impact on the environment and promoting environmental sustainability in our operations. This SAF purchase from Neste contributes to our target of procuring SAF for one percent of our estimated fuel use in 2025.”

Carl Nyberg, executive vice president at Neste, highlighted the significance of the collaboration: “We are proud to expand our partnership with Air Canada by supplying them with a large volume of Neste MY Sustainable Aviation Fuel for use at Vancouver Airport. It is the first time our SAF is supplied to Canada. It underlines our commitment to supporting the Canadian aviation industry in its efforts to mitigate emissions and also shows the important role that policy support can play in accelerating SAF usage. We look forward to continuing our excellent collaboration with Air Canada.”

This agreement signifies an important step in supporting the Canadian aviation industry’s efforts to reduce greenhouse gas emissions and underscores the role of partnerships and policy support in advancing the adoption of sustainable fuels.

 

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