• Featured
  • News

Norsk e-Fuel: enters into a strategic partnership with Norwegian for sustainable aviation fuel

  • Sector: Infrastructure
  • Date: April 25, 2023

  • Company: Norsk e-Fuel is a European Consortium, headquartered in Oslo, promoting novel Power-to-Liquid (PtL) technologies in Norway and Europe.

Norwegian, the largest Norwegian airline and one of Europe’s leading low-cost carriers, has signed a strategic partnership agreement with Norsk e-Fuel. The ambition is to secure long-term offtake of sustainable aviation fuels (SAF) and an equity stake in the company. 

The partnership with Norsk e-Fuel is a landmark agreement for Norwegian, but also a milestone for aviation in Norway, says Geir Karlsen, CEO at Norwegian. It helps us move closer to the promise we have given our customers. We want to make it possible for everyone to fly sustainably, concludes Karlsen.

The partnership will contribute to speeding up the production and availability of SAF in favour of a more sustainable aviation industry. The goal is to start producing e-fuels in Mosjøen in Northern Norway as early as 2026. The partnership with Norsk e-Fuel is estimated to secure approximately 20 percent of Norwegian’s total demand for SAF until 2030. In addition, Norwegian will invest more than NOK 50 million for a minority equity stake in the company.

Today, we are announcing a partnership that will take a leading role in the transition to sustainable aviation, says Lars Bjørn Larsen, CCO at Norsk e-Fuel. This is quite unique. With its ambitions to reduce CO2 emissions, Norwegian is a role model for the aviation industry. We are looking forward to many more joining us on the journey, concludes Larsen.