SK Energy announced on March 10 that it will become the first Korean refiner to supply large quantities of sustainable aviation fuel (SAF) to Hong Kong airlines.
After successfully exporting SAF to Europe in January this year, this achievement is expected to be an important foundation for the company to consolidate its leading position in the Asia-Pacific SAF market, a strategic region for Korean refiners, SK Energy said.
SK Energy has signed a contract with Hong Kong’s Cathay Pacific to supply no less than 20,000 tons of SAF by 2027.
SK Energy has been supplying SAF certified by the International Sustainability and Carbon Certification System Ltd. to Cathay Pacific at Incheon International Airport since November.
The two companies plan to gradually expand the use of SAF to more routes in the future.
The refinery said the agreement is another milestone for SK Energy as it has signed a stable SAF supply contract with Hong Kong’s largest airline just two months after becoming the first Korean refinery to export SAF to Europe.