OMV: supplies Austrian Airlines with sustainable aviation fuel under partnership agreement

OMV supplies Austrian Airlines with sustainable aviation fuel under partnership agreement

  • Cooperation between Austrian Airlines and OMV, both committed to sustainable goals, further strengthens Austria as an innovation hub

  • Since March 2022, OMV has been supplying Austrian Airlines with Sustainable Aviation Fuel (SAF) under a partnership agreement

  • SAF is produced from regional biogenic raw materials at OMV’s Schwechat refinery

Innovation and forward-looking technologies are key to meeting climate and greenhouse gas emissions targets. The aeronautical industry plays an important role in this regard, as it accounts for 2.8% of total CO2 emissions worldwide. The aviation industry must decarbonize to reach its goal of carbon neutrality by 2050. One of the most important levers is the use of sustainable aviation fuels (SAF). OMV, together with its long-standing cooperation partner Austrian Airlines, focuses on sustainable aviation fuel produced at OMV’s Schwechat refinery, one of Europe’s largest and most complex inland refineries. . Following the signing of the supply contract at the end of 2021, the first SAF was delivered in March 2022 to Vienna International Airport to refuel Austrian Airlines aircraft.

“OMV is implementing many measures to achieve its ambitious strategic sustainability goals, and sustainable aviation fuel is playing a key role in our transformation. We expect to increase SAF sales from our own production from approximately 2,000 this year to over 700,000 metric tons. per year by 2030. With this, we are tackling the reduction of greenhouse gases. The first step has already been taken with the delivery of SAF to our long-standing partner, Austrian Airlines. Through this cooperation, we demonstrate the strength of two national champions, OMV and Austrian Airlines, which further strengthens Austria as an innovation hub,” said Elena Skvortsova, Director of Marketing and Trade at OMV.

“Aviation will continue to connect people and societies around the world. Sustainable aviation fuels are a key lever to make transport and connectivity carbon neutral. As Austria’s leading airline, we already power our aircraft with SAF, which brings us one step closer to achieving our climate goals,” said Michael Trestl, chief commercial officer of Austrian Airlines.

Martijn van Koten, Member of the OMV Board of Directors for Refining: “Sustainable aviation fuels are a key technology to reduce CO2 emissions in air travel and they demonstrate the huge innovation potential of industry. The production of SAF in our refinery in Schwechat can be considered highly efficient not only due to the use of sustainable raw materials of regional origin, but also due to the use of existing infrastructure for production, storage and refueling at Vienna International Airport”.

“Our SAF’s supply chain could no longer be ‘Austrian’. The cooperation with OMV shows how such innovations can be built regionally and proves Austrian visionary power!”, adds Francesco Sciortino, COO of Austrian Airlines.

Sustainable aviation fuel is produced by OMV by co-processing sustainable and regional raw materials, in particular waste cooking oil. Compared to conventional jet fuel, sustainable aviation fuel offers a reduction in greenhouse gas emissions of more than 80% over the entire life cycle.

Background information

OMV Aktiengesellschaft
With a Group turnover of 36 billion euros and a workforce of approximately 22,400 employees in 2021, OMV is among the largest listed industrial companies in Austria.

In chemicals and materials, OMV, through its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in basic chemicals, fertilizers and plastics recycling. With its two main joint ventures – Borouge (with ADNOC, in the United Arab Emirates and Singapore) and Baystar™ (with TotalEnergies, in the United States) – Borealis provides products and services to customers around the world. OMV’s Refining & Marketing business produces and markets fuels as well as raw materials for the chemical industry, operates three refineries in Europe and holds a 15% stake in a refining joint venture in the United Arab Emirates. OMV operates approximately 2,100 service stations in ten European countries. Additionally, the business includes Gas & Power Eastern Europe where it also operates a gas-fired power plant in Romania. In exploration and production, OMV explores for and produces oil and gas in the four main regions of Central and Eastern Europe, the Middle East and Africa, the North Sea and Asia-Pacific. . Average daily production in 2021 included production from a joint venture in Russia and was 486,000 boe/d with a focus on natural gas (~60%). Since March 1, 2022, Russian entities are no longer consolidated. Its activities include Gas Marketing Western Europe, where it also operates gas storage facilities in Austria and Germany.

OMV intends to grow from an integrated oil, gas and chemical company to a leading supplier of innovative and sustainable fuels, chemicals and materials, while playing a leading global role in the circular economy. By shifting to a low-carbon business, OMV is striving to reach net zero in all three perimeters by 2050 at the latest.

Austrian airlines
Austrian Airlines is Austria’s leading airline with a global network of over 100 destinations. With its hub at Vienna Airport, Austrian Airlines connects Austria with Europe and the rest of the world. As Austria’s national airline, Austrian Airlines embodies the highest quality of service and acts responsibly towards society and the environment. In order to achieve global environmental goals, Austrian Airlines is committed to halving its CO2 emissions by 2030 and to flying carbon neutral by 2050. Austrian Airlines is part of the Lufthansa Group, the largest major airline group in Europe, and a member of the Star Alliance, the world’s leading group of international airlines.

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