Shell & Green Sky Capital Sign SAF Agreement
12.02.2025 By Tank Terminals - NEWS

December 02, 2025 [Tank Storage Magazine]- Shell has signed a long-term agreement to purchase sustainable aviation fuel (SAF) from Green Sky Capital.

 

The company announced on LinkedIn that the agreement has contributed to providing commercial certainty for investors to move forward with plans to build Egypt’s first commercial-scale SAF plant.

Expected to commence operations by end-2027, when built, this facility could produce up to 145,000 tonnes of SAF annually, alongside, bionaphtha and biopropane, contributing to a yearly reduction of up to 500,000 tonnes of carbon dioxide equivalent emissions.

Geoff Mansfield, vice president, Low Carbon Fuels, Shell Trading, says: ‘By securing 100% of the plant’s output, Shell is strengthening its global supply network for low-carbon fuels and helping aviation meet decarbonisation targets.’

Shell delivers SAF to more than 80 locations across 18 countries (as of July 2025) and became one of the world’s largest traders and suppliers of sustainable aviation fuel in 2024 with close to 20 percent of the total sales in Europe and North America. We achieved this because of our long-term agreements with producers, the strength of our customer relationships, and strategic investments in logistics around key terminals and airports.

This offtake agreement reflects Shell’s strategy to scale SAF availability worldwide and support airlines in meeting regulatory mandates and voluntary commitments.
 

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