OMV to Supply Ryanair 500 Tons of Sustainable Aviation Fuel This Year
19 October 2023 - 8:21PM
Dow Jones News
By Pierre Bertrand
OMV said that it has signed an agreement with Ryanair to supply
500 metric tons of sustainable aviation fuel at Vienna Airport.
The agreement calls for the supply of the fuel in 2023 and is
part of a memorandum of understanding between the two companies
signed last year, which enables Ryanair to purchase up to 160,000
tons of sustainable aviation fuel from OMV up to 2030.
The offtake agreement for 500 tons of sustainable aviation fuel
will save more than 1,250 metric tons of CO2 emissions, the
equivalent to about 100 Ryanair flights from Dublin to Vienna, OMV
said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 19, 2023 05:06 ET (09:06 GMT)
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