QNB Egypt to partially finance planned SAF project
In Egypt, Zawya news agency reports QNB Egypt has joined as a lender to finance a major sustainable aviation fuel (SAF) facility in Egypt, led by Green Sky Capital. The plant is expected to produce up to 200,000 tons of biofuel annually and cut carbon emissions by about 500,000 tons per year, with operations set to begin by late 2027. The project could boost global SAF supply by more than 10%, according to IATA estimates.
Category: Fuels
