Neste partners with VTTI to expand SAF supply network in Europe
Finnish refiner Neste announced that it has partnered with Rotterdam-based energy storage and infrastructure developer VTTI and commissioned terminal capacity at the VTTI’s ETT terminal for storage and blending of sustainable aviation fuel (SAF).
“This expansion of our supply capabilities enables our customers to accelerate SAF usage at European airports and lays a strong foundation for fulfilling the requirements of the ReFuelEU Aviation Regulation, mandating the supply of a minimum share of SAF to European airports from 2025 onwards,” said Alexander Kueper, Vice President, Renewable Aviation Business at Neste.
He further added that the company is working with partners to repurpose existing fuel distribution infrastructure for more sustainable alternatives like SAF.
The partnership will expand availability of Neste’s SAF to customers across Europe.
The move is part of Finnish refiner’s expansion of global SAF production and supply capabilities, with SAF production at Neste’s renewables refinery in Singapore ramping-up and the modification of its Rotterdam renewables refinery to enable SAF production nearing completion.
The terminal is located in one of the biggest fuel logistics hubs in Europe with access to the broader European fuel infrastructure, such as the Central European Pipeline System (CEPS), which will enable a more sustainable and efficient fuel supply to customers and airports across Europe.
“It is great to see the demand for more sustainable fuels rising. We’re delighted to play a role in Neste’s value chain so that they can reach even more of their customers across Europe,” said Jaap Koomen, senior vice president, VTTI Netherlands Terminals.
Koomen further added that VTTI is targeting to have half of its business in transitional and sustainable energies by 2028.