Shell in talks with Lufthansa over SAF deal

Seven-year agreement with German airline would be Shell’s biggest such contract to date

Shell is in talks with Lufthansa Group over a potential deal to supply the German airline with up to 1.8mn t of sustainable aviation fuel (SAF) over seven years at airports worldwide from 2024. The two companies have signed a non-binding memorandum of understanding to explore supply options for the low-carbon fuel. If the deal is finalised, it would be Shell’s biggest in the SAF market to date. Lufthansa is already the largest SAF buyer in Europe. “It is encouraging that major flagship carriers are coming to us to discuss future SAF delivery deals, the terms of which, including pricing, will be defined and finalised at a later date,” says Jan Toschka, president of Shell Aviation. 1.8mn

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