Aemetis signs 35M gallon SAF offtake agreement with Qantas

In California, Aemetis has signed an offtake agreement with Qantas Group and Qantas Airlines for 35 million gallons of blended sustainable aviation fuel to be delivered over the 7-year term of the agreement. The value of the contract including incentives is approximately $250 million.

This supply agreement with Aemetis builds on Qantas’s expanding effort for a future of net zero emissions by 2050.

The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125-acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to Qantas in 2025.