Hellenic, Neste will supply SAF to Aegean in Greece

The company will ensure the supply of the sustainable aviation fuel on flights departing from its Thessaloniki Airport “Makedonia” hub.

Hellenic Petroleum Group has entered an agreement with Neste for the commercial distribution of its Sustainable Aviation Fuel TM (SAF) on flights by Aegean, the Greek air carrier.

This agreement brings together the Group’s expertise in the supply and distribution of jet fuel with Neste’s expertise to provide safe and reliable supply in Greece. SAF is recognized globally as the most feasible option to reduce aviation emissions in the near term.

Hellenic’s subsidiary EKO will ensure the supply of SAF on AEGEAN flights departing from its Thessaloniki Airport “Makedonia” hub. Flights from Athens International Airport are expected to follow soon.

“Our cooperation with Neste, a global leader in renewable and sustainable fuels, is a significant part in the implementation of our strategic plan ‘Vision 2025’ for the energy transformation of our Group. This initiative is one of others to follow for the gradual increased use of sustainable fuels and we are proud to partner with Neste to help AEGEAN and the Greek aviation industry to reduce its carbon footprint,” said Konstantinos Panas, Supply & Sales General Manager at Hellenic Petroleum RSSOPP.

The agreement is in line with Hellenic’s strategic goal to become a provider of low carbon energy solutions and to reduce its carbon footprint by 50% until 2030. This will also be completed while facilitating airlines and airports to align in a proactive manner with the upcoming European Union SAF targets by 2025.