Aemetis signs 35M gallon SAF offtake agreement with Qantas
March 15, 2022
| Meghan Sapp
In California, Aemetis has signed an offtake agreement with Qantas Group and Qantas Airlines for 35 million gallons of blended sustainable aviation fuel to be delivered over the 7-year term of the agreement. The value of the contract including incentives is approximately $250 million.
This supply agreement with Aemetis builds on Qantas’s expanding effort for a future of net zero emissions by 2050.
The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125-acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to Qantas in 2025.
Category: Fuels