Singapore Airlines Group Signs SAF Agreements With Neste And World Energy
05.30.2025 By Tank Terminals - NEWS

May 30, 2025 [Biodiesel Magazine]- The Singapore Airlines Group has signed agreements with Neste and World Energy to acquire sustainable aviation fuel (SAF) and SAF certificates, respectively, supporting its decarbonization journey while gaining further valuable insights into the pathways, standards, and certification systems in the renewable fuel landscape.

 

The first transaction saw the Group acquire 1,000 metric tons of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)-eligible neat SAF, sourced from renewable fuel producer Neste. The SAF was produced at Neste’s Singapore refinery, blended locally and uplifted at Singapore Changi Airport. This is the Group’s second purchase of neat SAF from the Singapore refinery, helping to develop the country’s SAF ecosystem and enhance supply chain resilience.

In addition, the Group purchased approximately 2,000 metric tons of CORSIA-eligible SAF in the form of emissions reductions from World Energy, a United States-based producer, utilizing the Book & Claim Chain of Custody model. This allows the Group to claim associated emissions reductions without physical fuel delivery.

Both deals were completed in the first quarter of 2025 and these transactions are projected to reduce more than 9,500 metric tons of carbon dioxide emissions.

SIA also participates in the Green Fuel Forward campaign, an initiative designed to boost the demand for SAF in the Asia-Pacific region. Launched by the World Economic Forum and Singapore’s GenZero, the campaign seeks to enhance awareness and understanding of SAF, while actively promoting its use and fostering strategic partnerships between regional corporations and airlines.

Lee Wen Fen, chief sustainability officer, Singapore Airlines, said: “These agreements represent important steps in the SIA Group’s broader strategy to scale up its use of sustainable aviation fuel. By working with different suppliers and exploring diverse sourcing models and certification pathways, we gain crucial insights into the SAF landscape and we can better understand the pathways towards a more sustainable aviation ecosystem.

“The SIA Group will continue to work with partners around the world to test and implement solutions that support the airline industry’s long-term decarbonisation goals. This will allow us to validate SAF demand, enhance our technical expertise in this area, and strengthen our ability to meet our medium-term commitment of 5% SAF use by 2030 and long-term goal net zero carbon emissions by 2050.”

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 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

Santos' Barossa LNG Project Progresses Towards Final Commissioning Plans
06.20.2025 - NEWS
June 20, 2025 [Reuters]- Santos said on Wednesday it had progressed its Barossa LNG project towar... Read More
SOLA Group Unlocks New Era of Renewable Energy Funding in South Africa
06.20.2025 - NEWS
June 20, 2025 [Storage Terminals Magazine]- In a clear signal that renewable energy is on a susta... Read More
Chinese Firm Secures Key Gas Block in Algeria
06.20.2025 - NEWS
June 20, 2025 [Oil Price]- Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shangh... Read More
First Gas Flows Through Strohm’s Pipeline in Germany
06.20.2025 - NEWS
June 20, 2025 [LNG Industry]- First gas is flowing through Strohm’s thermoplastic composite pip... Read More