Preem and SAS announce biojet cooperation

National air carrier SAS AB (SAS) and Preem have signed a letter of intent to produce renewable aviation fuel. SAS has the ambition to replace today's fuel volume for domestic aviation with biofuel by 2030.

SAS and Preem will collaborate to jointly ensure the production of biojet (renewable aviation fuel or biofuel) in connection with Preem's planned capacity expansion of the Gothenburg refinery. Preliminary estimated start-up is in 2022 and the total capacity of biofuels is estimated to exceed one million cubic meters.

The Swedish air carrier has a clear strategy to reduce its climate-impact emissions on a long-term basis and intends to be among the leading airlines in the transition to lower climate impact. One of SAS's goals is to use biofuel corresponding to all domestic production by 2030, according to the company.

Preem has a product strategy to develop biofuels from residues from Swedish forests, but also from residues from society as a whole. Preem's goal is to produce three million cubic meters of biofuels by 2030.