ENOC’s jet fuel sales to reach over a billion gallons by the end of 2023

Reiterating its commitment to the growth of the aviation sector in Dubai, ENOC Group expects to supply more than one billion gallons of jet fuel to over 153,000 commercial, military, and general aviation flights worldwide by the end of 2023, with sales exceeding pre-pandemic levels. The announcement was made on the margins of the 18th edition of the Dubai Airshow, which is taking place at Dubai World Central till November 17th.​​​​​​​

In keeping with its long-term vision, the Group has announced intentions to supply Sustainable Aviation Fuel (SAF) to Dubai Airports in 2024, and is presently investigating the potential of producing SAF both within and outside the UAE. ENOC intends to grow sales volume globally as part of its international expansion ambitions, in addition to potential acquisitions, strategic partnerships, and greenfield projects.

His Excellency “With strong demand for air travel driving global passenger volume, the aviation sector remains a key driver of the UAE’s economic growth,” stated Saif Humaid Al Falasi, Group CEO of ENOC. ENOC Group, as a major integrated global energy company, is committed to satisfying the growing demand for jet fuel both locally and globally. Furthermore, because decarbonization of the aviation sector is a top priority, ENOC Group is collaborating with strategic partners to secure and blend sustainable aviation fuel, which will not only help to secure this fuel for the future but will also help the nation achieve its net zero ambition.”

ENOC Group, headquartered in the UAE, supplies more than 40% of Dubai International Airport’s jet fuel needs via two pipelines connecting its storage terminals in Jebel Ali to the airport. The Group also announced the completion of its 16.2 km jet fuel pipeline connecting its Horizon Emirates Jebel Ali Petroleum (HEJP) storage terminal in Jebel Ali to Al Maktoum International Airport last year. The pipeline transporting 2,000 cubic metres per hour of jet fuel to Al Maktoum International Airport is expected to meet Dubai Airports’ demand for jet fuel until 2050.

ENOC Group’s aviation business, which was established worldwide in 2002, has a significant global presence in more than 300 airports across 25 countries in the Middle East, Africa, South East Asia, and Europe. To achieve world-class performance, the Group has invested in cutting-edge technologies and consistently applies best practises over the years.

SOURCE:https://www.enoc.com/en/media-centre/news-releases/press-release-detail/id/448/enoc-s-jet-fuel-sales-to-reach-over-a-billion-gallons-by-the-end-of-2023?csrt=4167213015975602930