Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC) have signed a Joint Development and Cost Sharing Agreement (JDCSA) to assess the development of a sustainable aviation fuels (SAF) production unit in the Kingdom of Saudi Arabia.
The collaboration will draw on the expertise of the three partners to develop a production unit of sustainable aviation fuel by converting local residues from the circular economy, such as used cooking oil and animal fats.
Amin H. Nasser, Aramco President & CEO, said with demand for air travel forecast to grow, it’s becoming imperative to address aviation emissions through lower-carbon alternatives such as sustainable aviation fuels.
“This is where major global energy companies like Aramco and TotalEnergies can play a part, by collaborating to help meet this need,” he said.
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