Finland-headed oil refiner and renewable products major Neste Oyj and US-headed global energy management company World Fuel Services Corporation (World Fuel Services) have announced the extension of their existing relationship with a five-year agreement that will expand the availability of Neste-supplied sustainable aviation fuel (SAF) at more than 100 airports across World Fuel’s UK and European network.
The extended agreement helps support World Fuel Services’ ability to secure SAF supply and comply with regulatory requirements, including the ReFuelEU Aviation Regulation and the UK SAF mandate.
Through World Fuel’s European network, SAF will be available to its commercial, business, and general aviation customers, ensuring a reliable supply of SAF for these customers.
By combining our extensive European network with Neste’s growing SAF production, we are strengthening the supply foundation our customers rely on as regulatory requirements accelerate across the region. This agreement enhances our ability to deliver consistent, scalable access to SAF where it’s needed most, said Duncan Storey, SVP EMEA at World Fuel.
The agreement builds on a long-standing collaboration between the two companies, combining World Fuel Services’ established aviation fuel supply distribution and infrastructure capabilities with Neste’s established SAF production and supply capabilities.
This includes Neste’s renewable fuels refinery in Rotterdam, the Netherlands, currently capable of producing up to 500,000 tonnes of SAF annually.
We are excited to extend the relationship with World Fuel Services. These kinds of collaborations are crucial to supporting the aviation industry in reducing greenhouse gas emissions and meeting SAF mandates, such as the ReFuelEU Aviation Regulation. As Neste is scaling its SAF production capability from 1.5 to 2.2 million tonnes per annum in 2027, leveraging World Fuel’s extensive network of airports in Europe will increase the availability and flexibility of SAF supply for airlines, said Carl Nyberg, SVP, Commercial, Renewable Products at Neste.
