Cargolux, Norwegian Air Shuttle sign SAF deal with Norsk e-Fuel

Offtake agreements cover more than 140,000 tonnes of fuel supply

Cargolux, Norwegian Air Shuttle sign SAF deal with Norsk e-Fuel
X
Listen to this Article

Cargolux Airlines and Norwegian Air Shuttle have committed to purchase sustainable aviation fuel (SAF) from Norsk e-Fuel.

The offtake agreements cover more than 140,000 tonnes of fuel supply. "In addition, the two companies will provide strategic support for the development of two additional production facilities by 2030," says an official release from Norsk e-Fuel.

Norwegian will, in addition, join Norsk e-Fuel’s shareholder group, which will as of now be led by the existing shareholder and engineering, procurement, and construction company Paul Wurth, a subsidiary of SMS group, the release added.

(From left to right): Georges Rassel, Chairman, Norsk e-Fuel, Geir Karlsen, CEO, Norwegian, Karl Hauptmeier, CEO, Norsk e-Fuel, Damien Crochu, Director, Corporate Finance, Cargolux and Lars Bjørn Larsen, CCO, Norsk e-Fuel

(From left to right): Georges Rassel, Chairman, Norsk e-Fuel, Geir Karlsen, CEO, Norwegian, Karl Hauptmeier, CEO, Norsk e-Fuel, Damien Crochu, Director, Corporate Finance, Cargolux and Lars Bjørn Larsen, CCO, Norsk e-Fuel

Norsk e-Fuel is starting the industrialisation of e-fuel production in Mosjøen, Norway and will start to provide e-fuels to the aviation industry after 2026, the release added. "Backed by a strong shareholder and partner network, the company looks to increase production with two additional plants by 2030."

Karl Hauptmeier, CEO, Norsk e-Fuel says: "We have ambitious plans to ramp-up e-fuel production as soon as possible to deliver fossil-free fuels to the aviation industry. The commitment of our new partners Cargolux and Norwegian and the reaffirmed support of the founding member and shareholder Paul Wurth are a sign of trust in mission, business concept and team. They also show the understanding of the critical role of e-fuels in shaping a future for aviation that is free from fossil fuels—both in Norway and across Europe.”

Richard Forson, CEO and President, Cargolux adds: “Cargolux is proud to join the Norsk e-fuel project. E-fuel will be a major pillar to achieve net zero carbon emissions by 2050 in aviation. E-fuels are based on abundant feedstock such as carbon dioxide and when produced with green electricity, this project will provide one of the highest greenhouse gas savings compared to conventional jet fuel. We look forward to offering our customers the option to have the ability to voluntarily enhance their sustainability initiatives through the use of e-fuels for their shipments as of late 2026."

Geir Karlsen, CEO, Norwegian says: “We welcome the collaboration opportunities with Norsk e-Fuel. Together, we now embark on a journey towards the next generation fossil free jet fuels. Such sustainable aviation fuels will be in high demand in the years to come. The agreement entails that we will invest a total of around €5 million and will secure Norwegian early access to the product. The use of fossil free aviation fuels is key to achieving our goal of reduced carbon emissions by 45 percent in 2030."

Georges Rassel, Chairman, Norsk e-Fuel adds: "I am truly honoured to lead this exceptional team and delighted to announce our new partnerships with two esteemed airlines. Bringing together Norwegian, Cargolux and Paul Wurth, we are committed to ensuring the success of Norsk e-Fuel, where we can now enter the next phase of the project."



Tags:
Read Full Article
Next Story
Share it