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OMVKY Omv Ag Bearer (PK)

10.601
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Omv Ag Bearer (PK) USOTC:OMVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.601 10.56 10.67 0.00 14:13:46

OMV to Supply Ryanair 500 Tons of Sustainable Aviation Fuel This Year

19/10/2023 10:21am

Dow Jones News


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By Pierre Bertrand

 

OMV said that it has signed an agreement with Ryanair to supply 500 metric tons of sustainable aviation fuel at Vienna Airport.

The agreement calls for the supply of the fuel in 2023 and is part of a memorandum of understanding between the two companies signed last year, which enables Ryanair to purchase up to 160,000 tons of sustainable aviation fuel from OMV up to 2030.

The offtake agreement for 500 tons of sustainable aviation fuel will save more than 1,250 metric tons of CO2 emissions, the equivalent to about 100 Ryanair flights from Dublin to Vienna, OMV said.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

October 19, 2023 05:06 ET (09:06 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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