Global commodities trader Alkagesta has struck a deal to secure access to the NATO Central European Pipeline System.
The deal will see the company supply jet fuel to major airlines at Europe's largest airports, including Brussels and Frankfurt-am-Main, amongst others.
“Commercial access is granted to select companies as a means of efficiently distributing fuel to Europe’s leading aviation hubs,” Alkagesta said in a press release. “Today this commercial access represents approximately 90% of the pipeline’s activity. Given its strategic importance, companies must go through a rigorous approval process, including enhanced due diligence, to become an approved user.”
The added capacity will also support airlines in gaining access to sustainable aviation fuel (SAF). All fuel that Alkagesta supplies to airlines will be 2% SAF — aligning with the EU's target of 2% SAF use for 2025.
“I am delighted that Alkagesta has been able to secure access to such a key part of Europe’s fuel distribution network,” said Alkagesta CEO Orkhan Rustamov. "With this announcement, we will now be able to provide high quality, sustainable fuel to dozens of airlines across Northwest Europe. This marks a significant chapter in the company’s ability to deliver crucial strategic supplies across the continent.”