Shell, Green Sky Capital, Sign Deal For Egypt’s First SAF Facility

Egypt has moved a step closer to establishing its first commercial-scale sustainable aviation fuel (SAF) plant after Shell signed a long-term agreement to purchase SAF from Green Sky Capital, a regional renewable-fuel development platform.

The agreement is expected to give investors the commercial certainty needed to advance plans for the new facility which is expected to commence operations by end-2027.

When built, the facility could produce up to 145,000 metric tons of SAF annually, alongside bionaphtha and biopropane, contributing to a yearly reduction of up to 500,000 tons of CO₂ equivalent emissions.

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

Shell delivers SAF to more than 80 locations across 18 countries (as of July 2025) and became one of the world’s largest traders and suppliers of SAF in 2024 with close to 20% of the total sales in Europe and North America.

The agreement supports Shell’s broader ambition to become a net-zero emissions energy business by 2050.

Green Sky Capital develops renewable fuel projects across the Middle East and North Africa.