Shell Signs Long-Term SAF Offtake Deal for Morocco Plant
· Lubricants & Chemicals · Morocco
Shell Trading Rotterdam B.V., a subsidiary of Shell plc, has signed a long-term products offtake agreement with Green Sky Manara LLC for a planned sustainable aviation fuel facility at Port Nador, Morocco. Under the deal, Shell would hold exclusive offtake rights for the plant's output. The agreement ties one of the largest global fuel traders to a new production project in North Africa, adding to the growing wave of SAF supply contracts airlines and producers are signing ahead of blending mandates. The items do not disclose volumes, pricing or a start date for deliveries. For the lubricants and chemicals sector, the deal signals continued investment in renewable drop-in fuels and gives Shell a locked-in supply position as demand for lower-carbon aviation fuel grows.
Why it matters:It shows major fuel traders locking in renewable fuel supply ahead of aviation blending mandates, shaping who controls SAF volumes as demand grows.
Key points
- The deal covers a planned facility at Port Nador, Morocco.
- Shell's subsidiary would hold exclusive offtake rights.
- No volumes, pricing or delivery start date were disclosed.
Sources (original reporting)
More stories from this day
- Chemours Launches Faizeon Liquid Cooling Fluids for AI Data Centres
- STIHL and Haltermann Carless Launch MotoMix 100 Renewable Fuel
- TotalEnergies Taps SSF to Distribute ELF Motor Oils in U.S.
- SK Innovation Names Cheong Seung-il Chief President and CEO
- Nvidia board hires Wachtell for independent probe of CEO Huang
- Treasury Yield Nears 5% as Hot Inflation Fuels Fed Rate-Hike Bets