Exxon Supplies First Sustainable Jet Fuel Cargo to Singapore
By: Asia Business Outlook Team | Thursday, 07 July 2022
Oil giant ExxonMobil said it had delivered its first consignment of sustainable aviation fuel (SAF) cargo to Singapore’s Changi Airport. The deal is part of one-year pilot programme to test the new fuel for planes. A blend of fossil-based refined jet fuel from ExxonMobil’s Singapore integrated refining and petrochemical complex and SAF supplied by Neste Oil, the sustainable aviation fuel cargo was to be delivered to Singapore Airlines and Scoot flights starting this month. The oil firm was selected in February as the fuel supplier for the pilot programme launched by the Civil Aviation Authority of Singapore, Singapore Airlines and Temasek. ExxonMobil plans to provide more than 40,000 barrels per day of lower-emission fuels, including SAF, by 2025, and to further supply 200,000 barrels per day by 2030. Demand for lower-emission fuels is expected to grow amid decarbonisation efforts in transportation sectors, including aviation, marine and heavy-duty trucking.