Commercial, Sourcing Renewables - September 15, 2022
Lufthansa Group Extends Use of SAF
Lufthansa Group signed a a Memorandum of Understanding (MoU) with OMV, the international integrated oil, gas and chemicals company headquartered in Vienna.
OMV will provide more than 800,000 tons of Sustainable Aviation Fuel for the years 2023 to 2030, according to a statement. The companies intend to expand their existing partnership and 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.
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.
OMV is implementing numerous measures to achieve its ambitious strategic sustainability goals, and SAF significantly contributes to its transformation. OMV aims to become a net-zero company by no later than 2050 (for Scope 1,2 and 3). The planned scale up of SAF production to 700,000 tons in 2030 will play an important role in achieving these goals.