London — Neste and Air BP have entered into an agreement to deliver sustainable aviation fuel to airline and airport customers in Sweden in 2019, the companies said in a press release Monday. Receive daily email alerts, subscriber notes & personalize your experience. Neste and Air BP will embark on the joint development of a viable supply-chain solution for sustainable aviation fuel to the Swedish market, after they first announced plans to explore this in 2018. This comes shortly after Sweden announced a proposal in March to introduce a greenhouse gas reduction mandate for aviation fuel sold in the country. The proposed reduction would be 0.8% in 2021, gradually increasing to 27% by 2030. The reduction levels are estimated to be equivalent to 1% (11,000 mt) sustainable aviation fuel in 2021, 5% (56,000 mt) in 2025 and 30% (340,000 mt) in 2030. Neste said its aviation fuel is produced from non-palm renewable and sustainable raw materials, and can reduce up to 80% of greenhouse gas emissions over its life-cycle compared with conventional jet fuel. Air BP has supplied sustainable aviation fuel in the Nordic countries since 2014 at around 10 airports. -- Chrysa Glystra, chrysa.glystra@spglobal.com -- Edited by Jonathan Dart, newsdesk@spglobal.com
Air BP and Neste have signed up to a joint initiative to supply sustainable aviation fuel to the Swedish market. The deal follows Swedish proposals to reduce greenhouse gas emissions from aviation fuel by 0.8% in 2021, rising to 27% by 2030. Neste’s new partnership with BP, which will be announced on Monday, is expected to help it meet its target of reducing carbon dioxide emissions by 20% over the same period.