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Lufthansa Group and OMV Sign MoU for Supply of SAF

Our Bureau - : Sep 15, 2022 - : 7:02 am

The Lufthansa Group and global energy and chemicals group OMV have signed a Memorandum of Understanding (MoU) for the supply of more than 800,000 tons of SAF for the years 2023 to 2030.

The companies intend to expand their existing partnership by adding new locations for SAF production and offtake as well as new technologies. OMV has already been supplying SAF to the Lufthansa Group airline Austrian Airlines at Vienna International Airport since March 2022.

The Lufthansa Group is continuously reviewing options for long-term purchase agreements and is already the largest SAF customer in Europe. For OMV, the planned SAF supply partnership with the Lufthansa Group is a further step towards reducing the CO2 intensity of the product portfolio and providing solutions for the sustainable development of the aviation industry.

The current generation of SAF, which saves 80 percent CO2 compared to conventional kerosene, is mainly produced from biogenic residues, such as used cooking oils. Before being transported to the airport, SAF is currently mixed with fossil kerosene. In the long term, SAF can enable virtually CO2-neutral aviation.

The Lufthansa Group, which wants to halve its net 2019 CO2 emissions by 2030, has been involved in SAF research for many years, It has placed a special focus on forward-looking Power-to-Liquid and Sun-to-Liquid technologies, which use renewable energies or solar thermal energy as energy carriers. The Group aims to achieve a neutral CO2 balance by 2050.

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