Shell has signed an agreement to purchase SAF from Green Sky Capital. Image source: Adobe Stock
Shell has signed an agreement to purchase SAF from Green Sky Capital. Image source: Adobe Stock

Global oil giant Shell has signed a long-term agreement to purchase sustainable aviation fuel (SAF) from Green Sky Capital.

The agreement would help provide commercial certainty for investors to move forward with plans to build Egypt’s first commercial-scale SAF plant, Shell said in a 5 December LinkedIn post.

Located in Egypt’s Suez Canal Economic Zone, the facility was scheduled to become operational by the end of 2027 and would produce up to 145,000 tonnes/year of SAF, as well as bio-naphtha and bio-propane, the company said.

“By securing 100% of the plant’s output, Shell is strengthening its global supply network for low-carbon fuels and helping aviation meet decarbonisation targets,” said Geoff Mansfield, vice president, low carbon fuels, at Shell Trading.

As of July 2025, Shell had delivered SAF to more than 80 locations in 18 countries and, in 2024, became one of the world’s leading SAF traders and suppliers with close to 20% of total sales in Europe and North America, the company said.

Shell said the offtake agreement reflected the company’s strategy to scale up SAF availability worldwide and support airlines in meeting regulatory mandates and voluntary commitments.

Green Sky Capital is developing renewable fuel projects across the Middle East and North Africa (MENA) region, starting with the planned facility in Egypt.