OMV and Lufthansa further strengthen partnership with Sustainable Aviation Fuel
Austria’s OMV have signed a Memorandum of Understanding (MoU) with Lufthansa for the supply of more than 800,000 tons of Sustainable Aviation Fuel for the years 2023 to 2030.
The companies intend to expand their existing partnership and extend it to include new locations for SAF production and delivery as well as new SAF production technologies. OMV has already been supplying the first volumes of SAF to Austrian Airlines, part of the Lufthansa Group, at Vienna International Airport since March 2022.
With the expansion of the cooperation, the Lufthansa Group promotes the availability, market ramp-up and use of SAF as essential elements for a CO2 neutral future of aviation. The Lufthansa Group is continuously examining options for long-term purchase agreements and is already the largest buyer of SAF 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.
Sustainable Aviation Fuel is produced by OMV by co-processing sustainable and regional raw materials, specifically used cooking oil. Compared to conventional jet fuel, Sustainable Aviation Fuel contributes to a reduction of greenhouse gas emissions of more than 80% over the entire life cycle.
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