Houston, November 17, 2025 – BGN has signed a Memorandum of Understanding with XCF Global, a Nasdaq-listed leader in aviation decarbonization, to develop global production and supply infrastructure for Sustainable Aviation Fuel (SAF) and other renewable fuels.
The partnership will combine XCF’s scalable SAF production model with BGN’s global marketing and logistics network to create an efficient supply chain from feedstock to finished fuel. The agreement includes plans for offtake and co-branded distribution, as well as joint development of renewable fuel capacity.
Aligned with this initiative, BGN has joined the International Air Transport Association (IATA), reinforcing its commitment to accelerating SAF adoption across the airline industry.
Cenan Ozmeral, President of BGN INT US LLC, said:
“We are pleased to be partnering with Houston-based XCF in this exciting venture. BGN and XCF share a common goal to expand access to renewable fuels and accelerate the decarbonization of the aviation industry. Together, we aim to combine XCF’s scalable production model with BGN’s marketing and distribution network to create a seamless, efficient supply chain from feedstock to finished fuel. This collaboration marks a major step toward making SAF practical and commercially viable for airlines striving to meet decarbonization targets.”
Chris Cooper, CEO of XCF Global, added:
“Partnering with BGN enables us to expand our global footprint and accelerate commercialization of renewable fuels.”
BGN continues to invest in solutions that support the energy transition and reduce emissions in hard-to-abate sectors.
The collaboration underscores both companies’ commitment to building a robust global supply chain at a time when demand for SAF is expanding rapidly. According to IATA, airlines will need approximately 165 billion gallons of SAF annually by 2050 to meet net-zero emission targets. Meeting this demand would require the construction of up to 7,000 new facilities worldwide.
