Wednesday 17 September

Sydney Airport welcomes the Albanese Government’s $1.1 billion investment in low-carbon liquid fuels, with the package representing a strong step towards building a local Sustainable Aviation Fuel (SAF) industry.

Scott Charlton, Sydney Airport CEO said: “This announcement sends a clear signal to industry and investors that Australia is serious about decarbonising aviation, and we commend the Albanese Government for its leadership.

“This investment will create momentum for private investment. Proposals like the development of a SAF refinery at Kurnell, with its existing pipeline access to Sydney Airport, present a readymade opportunity to help scale the SAF supply chain and support the decarbonisation of aviation.

“This funding is an important and welcome step and we look forward to working with government and all industry stakeholders to turn policy into projects that could help create a resilient domestic SAF industry.”

Sydney Airport accounts for approximately 40 percent of Australia’s total annual aviation fuel uplift and has an ambition for 50 percent of this to be SAF by 2050.