ENOC Group, a leading integrated global energy player, has signed of a memorandum of understanding (MoU) with Allied Biofuels Holding, based in Abu Dhabi, to explore the offtake and distribution of Sustainable Aviation Fuel (SAF) and Electro-synthetic Sustainable Aviation Fuel (e-SAF) across local, regional, and international markets.
Airports Council International (ACI) Europe has warned that Europe could see jet fuel shortages if the Strait of Hormuz does not reopen in the next three weeks. The Gulf is a major source of aviation fuel, accounting for about 50% of Europe's imports.
MENA Biofuels, part of the Mercantile & Maritime Group, has commenced implementation of the UAE’s first Sustainable Aviation Fuel (SAF) production facility in the Fujairah Oil Industry Zone (FOIZ).
