Sustainable Aviation Fuel
Tamer Heikal, chairman of the Egyptian Sustainable Aviation Fuel Company (ESAF), presented the project's business plan, objectives, and implementation roadmap. Heikal stated that the $530 million project has completed its feasibility studies in collaboration with the European Bank for Reconstruction and Development (EBRD).
"Those who are first movers... will find themselves facing a very willing market, a very exciting market," Kirkham stated. Moreover, SAF production in Egypt will contribute to environmental benefits such as reduced CO2 emissions and less pollution.