JETEX INTRODUCES SUSTAINABLE AVIATION FUEL BOOK & CLAIM

Jetex signs a milestone agreement with 360 Jet Fuel Ltd. to offer sustainable aviation fuel (SAF) book and claim option to its customers globally. Through the innovative 360 GREEN FUEL book and claim platform, Jetex aims to offer greater flexibility and accessibility to SAF. Dubai, United Arab Emirates, May 23, 2023 (GLOBE NEWSWIRE) — Jetex […]

Jetex signs a milestone agreement with 360 Jet Fuel Ltd. to offer sustainable aviation fuel (SAF) book and claim option to its customers globally. Through the innovative 360 GREEN FUEL book and claim platform, Jetex aims to offer greater flexibility and accessibility to SAF.

Dubai, United Arab Emirates, May 23, 2023 (GLOBE NEWSWIRE) — Jetex entered in an agreement with 360 Jet Fuel Ltd. to offer its customers more flexibility and wider access to sustainable aviation fuel (SAF).

SAF is a liquid fuel currently used in commercial aviation which reduces CO2 emissions by up to 80%. It can be produced from a number of sources including waste oil and fats, green and municipal waste and non-food crops. It can also be produced synthetically via a process that captures carbon directly from the air.

Part of what makes SAF sustainable is ensuring sustainability in its supply chain. Transporting SAF to a specific airport or flight is not always possible and could lead to higher greenhouse gas emissions. The Book & Claim system provides a solution for these situations.

The new 360 GREEN FUEL book & claim system allows Jetex customers to source SAF based on their total aviation footprint in one transaction, rather than sourcing through each location individually. This means that SAF can be sourced for flights out of airports that do not have SAF supply available.

Sourcing SAF on a Book & Claim basis will allow purchasing any volume of SAF, including 100% of fuel needs or a carbon neutral scenario, without technical limitations such as blending limits.

Jetex customers will be able to claim the C02 emission reduction they achieved by the amount of fossil fuel replaced with SAF acquired They will receive a certificate specifying the amount of SAF purchased and an audited statement outlining the corresponding CO2 reduction. This documentation can be utilized for sustainability reporting purposes.

To ensure credibility and verifiable emission reductions, 360 Jet Fuel sources physical SAF quantities from ISCC+ certified suppliers, guaranteeing full traceability of the claimed amounts, and ensures delivery to an airline partner within the aviation sector. The solution provided by 360 Jet Fuel undergoes rigorous third-party auditing, ensuring traceability to each delivery batch and eliminating any doubts of double claiming.

The new agreement takes Jetex a step closer to being fully carbon-neutral globally and is aligned with IATA’s commitment to achieving 65% SAF share by 2050.

Click here to see Adel Mardini, Founder & CEO of Jetex, on progressing the sustainability agenda.

About Jetex:
An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.

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Jetex
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Collision course: Will US-China tech race spin out of control?

Were often asking if Russia’s invasion of Ukraine can lead to some kind of world war. But what if global conflict creeps up on us from a different quarter? Infuriated by what it portrayed as an “anti-China” G7 summit, Beijing has now made good on its …

Were often asking if Russia's invasion of Ukraine can lead to some kind of world war. But what if global conflict creeps up on us from a different quarter? Infuriated by what it portrayed as an "anti-China" G7 summit, Beijing has now made good on its threat to ban the US's biggest memory chipmaker, Micron. The move was expected, one might argue, after the West's growing restrictions on Chinese tech brands that include the likes of Huawei and TikTok. Is this a fight for market share disguised as a battle of values? Or is technology the battleground of national security in the Information Age?

The Cold War had the space race. But this is different. How will US allies like South Korea - chipmakers in their own right - react? Can democracies really decouple from a China that's still the world’s factory?

The Covid-19 pandemic forced a reckoning on the West's overdependence on made-in-China products for its essentials. Now, as the US heads into an election cycle, and as an ageing China grapples with a slowing economy, the forecast calls for lots more finger-pointing. But what is the way forward?

Source: France24.com

Musadik invites Qatari investors to invest in LNG sector

Minister of State for Petroleum Dr Musadik Malik has invited Qatari investors to make more investment in LNG sector of Pakistan.He was talking to Ambassador of Qatar to Pakistan Ambassador Sheikh Saoud bin Abdulrahman Al Thani, who called on him in Is…

Minister of State for Petroleum Dr Musadik Malik has invited Qatari investors to make more investment in LNG sector of Pakistan.

He was talking to Ambassador of Qatar to Pakistan Ambassador Sheikh Saoud bin Abdulrahman Al Thani, who called on him in Islamabad today.

On this occasion, the Qatri Ambassador said his country is committed to fully support the brotherly country Pakistan in meeting its energy needs.

He said Gwadar Port can also play an important role in regional connectivity and energy trade.

Source: Radio Pakistan

Govt to deal with miscreants involved in May 9 violence as per law: Dastgir

Minister for Power Khurram Dastgir Khan says the government will deal with the miscreants involved in May 9 violence as per the law. Talking to foreign media in Islamabad on Tuesday, he made it clear that no injustice will be done while dealing with t…

Minister for Power Khurram Dastgir Khan says the government will deal with the miscreants involved in May 9 violence as per the law.

Talking to foreign media in Islamabad on Tuesday, he made it clear that no injustice will be done while dealing with these elements. Those who attacked civilian institutes and installations will be prosecuted under Anti-Terrorism Act 1997 and Pakistan Penal Code and those who attacked military installations will be prosecuted under the Army Act, 1952.

Khurram Dastgir Khan ruled out the impression that any new legislation is being enacted or new courts are being created for this purpose.

He said the government is fully committed to fundamental rights of all Pakistanis.

He said no political party has ever burned national institutions, ambulances, schools and defense installations.

The Minister said peaceful protest is right of everyone but democratic dissent can never be expressed through arson and violence.

He said the political parties constituting the current federal government have obtained more than two third votes in the July 2018 elections and represent all four provinces with an overwhelming majority.

He said constitutional tenure of the government will end in mid-August and elections will be held in Autumn as per schedule.

Source: Radio Pakistan

‘Takreem-e-Shuhada Convention’ to be held in Islamabad

“Takreem-e-Shuhada Convention” will be held in Islamabad on Wednesday to pay glowing tribute on behalf of the entire nation to the Shuhada.In a statement, Minister for Information and Broadcasting Marriyum Aurangzeb said the families of Shuhada will a…

"Takreem-e-Shuhada Convention" will be held in Islamabad on Wednesday to pay glowing tribute on behalf of the entire nation to the Shuhada.

In a statement, Minister for Information and Broadcasting Marriyum Aurangzeb said the families of Shuhada will also be invited in the convention.

Prime Minister Muhammad Shehbaz Sharif will also address the convention in which he will condemn the May 9 incident and also pay homage to Shuhada and Ghazis.

Source: Radio Pakistan

PM lauds security forces for arresting BNA head Gulzar Imam Shambay

Prime Minister Shehbaz Sharif has extended congratulations to Pakistan for nabbing one of the most high profile militant leaders, the founder and head of Baloch National Army Gulzar Imam Shambay.In a tweet today, he appreciated the Security Forces for…

Prime Minister Shehbaz Sharif has extended congratulations to Pakistan for nabbing one of the most high profile militant leaders, the founder and head of Baloch National Army Gulzar Imam Shambay.

In a tweet today, he appreciated the Security Forces for their untiring efforts to restore peace. He said Director General Inter-Services Intelligence deserves the nation’s highest commendation for carrying out, with great sophistication, the first of its kind and the most complex intelligence operations involving various geographical locations.

The Prime Minister said Pakistan, especially Balochistan, are well on way to peace and prosperity.

Source: Radio Pakistan

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Saudi Ambassador Nawaf Bin Said Al-Malki has expressed his country's desire to further strengthen economic and commercial ties with Pakistan.

He was talking to Finance Minister Ishaq Dar in Islamabad today.

Welcoming the Ambassador in his office, the Finance Minister appreciated the long-standing historical, religious, and cultural ties between Pakistan and Saudi Arabia. He said both states share outstanding relations on various fronts including economy and trade. He also acknowledged Saudi Arabia's valuable support to Pakistan in economic and financial terms.

Ishaq Dar also apprised the Saudi Ambassador of policies and programmes of the Government of Pakistan to bring economic prosperity to the country through the upcoming budget.

Nawaf Bin Said Al-Malki reciprocated the sentiments about the long-term relationship between the two brotherly countries.

Source: Radio Pakistan

Law Minister lauds role of EU’s Ambassador regarding GSP Plus status of Pakistan

Minister for Law and Justice Azam Nazeer Tarar has appreciated the active and comprehensive role of European Union’s Ambassador to Pakistan Dr. Riina Kionka regarding the GSP Plus status of Pakistan.He was talking to EU Ambassador to Pakistan Dr. Riin…

Minister for Law and Justice Azam Nazeer Tarar has appreciated the active and comprehensive role of European Union's Ambassador to Pakistan Dr. Riina Kionka regarding the GSP Plus status of Pakistan.

He was talking to EU Ambassador to Pakistan Dr. Riina Kionka, who called on him in Islamabad on Tuesday.

During the meeting, the two sides discussed different issues of mutual interest.

The Minister for Law said the GSP Plus status is an important milestone in economic cooperation between Pakistan and the European Union.

He said Pakistan values its friendly relations with the European Union and reiterated the commitment to further promote bilateral relations with the European Union.

On this occasion, the EU Ambassador gave assurance of full cooperation in the promotion of trade relations between the two sides.

Source: Radio Pakistan