Avfuel and Neste extend SAF collaboration

In Texas, Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space.

The agreement extends the companies’ partnership in 2024 and sets the framework till December 2027, continuing their work on enhancing access to Neste MY Sustainable Aviation FuelTM for business aviators, from corporate flight departments and FBOs, to major OEMs.

Since the inception of the partnership in 2021, Avfuel’s uptake of SAF has experienced exponential growth, tripling each year. In line with this trend, Avfuel will triple its offtake from Neste again in 2024 and expects this trajectory to persist in the years to come. The new agreement with Neste will accommodate this rapid growth, ensuring a stable, sustainable supply chain for Avfuel and its fuel-consuming customers.

The supply agreement extension comes at a pivotal moment as Neste began supplying SAF out of its terminal capacity in Los Angeles earlier this month. This new terminal location enhances access to SAF in terms of both volume and geography, bolstering Avfuel’s ability to supply the sustainable option across the western United States. Avfuel will source SAF from both of Neste’s terminals in northern and southern California, expanding supply to new markets and states.