Nordic Electrofuel (NEF) and P2X-Europe, a joint venture between Mabanaft and H&R Group, have signed a term sheet for the long-term supply of synthetic fuels, focusing on synthetic aviation fuel (eSAF) in Scandinavia.
eSAF is a form of sustainable aviation fuel created by merging recycled carbon dioxide with hydrogen generated through the utilization of renewable electricity.
Under the agreement, NEF will produce synthetic crude in Norway, which P2X-Europe will receive, and process into eSAF and other synthetic products. The initial production and supply volume is set at around 8,000 tons per annum, with plans for further scaling up production in the future. The production site will be located at Herøya industrial park in Prosgrunn, Norway.
“This marks another significant milestone as we constantly expand our sustainable product offering, in this case for our aviation customers,” Volker Ebeling, Executive Director of P2X-Europe and Senior Vice President New Energy, Chemicals and Gas at Mabanaft, stated. “With Nordic Electrofuel we have an innovative partner for Power-to-Liquid solutions on our side, fostering another European strategic partnership for the production of green molecules at scale.”
The collaboration between NEF and P2X-Europe aims to meet the requirements set by the RefuelEU Aviation initiative, which mandates an initial blending quota of renewable fuels from 2025 and a specific quota for eSAF from 2030.
