Sydney Airport completes acquisition of jet fuel infrastructure assets
Topics: SYDNEY AIRPORT
This transition will help enhance competition in the jet fuel supply chain at the airport, better align future infrastructure investments to the growth of the airport and assist in the introduction of sustainable aviation fuel in the future.
The facilities, with assets comprising five storage tanks, 11km of pipelines, and 170 jet fuel hydrant points across the airport, were purchased for $85m.
Leading aviation fuel services provider Skytanking has been awarded the contract to operate the airport’s jet fuel infrastructure. Skytanking has a global footprint and currently operates in 80 airports in 13 countries around the world.
Approximately 1,500 aircraft refuelled per day at the Airport in 2019. The Sydney basin area surrounding the Airport contains jet fuel supply and storage infrastructure with an estimated storage capacity of approximately 196 megalitres. ■