Egypt Advances $570M SAF Project in Alexandria Targeting 120,000 Tonnes Output by 2029
Egypt's $570 million sustainable aviation fuel (SAF) project, developed by ESAF, aims for 120,000 tonnes annual output by 2029. This initiative could significantly reduce CO2 emissions, marking Egypt's entry into the global SAF market amidst ongoing challenges like high production costs and policy gaps.
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The Egyptian Sustainable Aviation Fuel Company (ESAF), a subsidiary of Egyptian Petrochemicals Holding Company (ECHEM), is advancing its $570 million SAF project in Alexandria, targeting 120,000 tonnes of output annually by 2029. Key agreements are in progress, including a licensing deal with Honeywell UOP for hydrotreating technology, which allows for the conversion of used cooking oil into aviation fuel.
The facility is expected to reduce CO2 emissions by up to 400,000 tonnes per year. Despite these developments, the project faces challenges such as high SAF costs, which can be twice that of conventional jet fuel, and ongoing negotiations for financing and contracts. Successfully managing these factors will be critical for meeting its operational goals, positioning Egypt as a player in the global energy transition.
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