Deal history comparison #4463

Previous version (129079)

Selected version (132437)

Location #1

Spatial accuracy level
Country
Location
Cameroon

Target country
Cameroon

Location #1

Spatial accuracy level
Country
Location
Cameroon

Target country
Cameroon

Intention of investment

Intention of the investment
Biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2014] Intended (Under negotiation)

Contract farming

Contract farming
No

Land area

Intended size (in ha)
120,000
Comment on land area
The MoU (signed with JatroSolutions) was for a project to plant up to 120,000ha in Cameroon or Ghana.

Intention of investment

Intention of the investment
Biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2014] Intended (Under negotiation)

Contract farming

Contract farming
No

Operating company

Comment on investment chain
Lufthansa will not invest in the farmland itself, but is looking for investors to create a fund in order to invest in the land.

Operating company

Comment on investment chain
Lufthansa will not invest in the farmland itself, but is looking for investors to create a fund in order to invest in the land. Germany’s JatroSolutions has signed a memorandum of understanding (MoU) with national airline Lufthansa to grow jatropha in West Africa for kerosene production.

Data source #1

Data source type
Media report
File
Date
2014-09-04
Comment on data source
Farmland Grab- Lufthansa helps establish $600m biofuel fund

Data source #2

Data source type
Media report
File
Date
2014-09-08
Comment on data source
Bloomnberg Buisnessweek- deutsche lufthansa-reg (LHA:Xetra)

Data source #3

Data source type
Media report
File
Comment on data source
Reuters- Deutsche Lufthansa AG (DLAKY.PK)

Data source #4

Data source type
Company sources
File
Comment on data source
Lufthansa website- corporate structure

Data source #1

Data source type
Media report
File
Date
2014-09-04
Comment on data source
Farmland Grab- Lufthansa helps establish $600m biofuel fund

Data source #2

Data source type
Media report
File
Date
2014-09-08
Comment on data source
Bloomnberg Buisnessweek- deutsche lufthansa-reg (LHA:Xetra)

Data source #3

Data source type
Media report
File
Comment on data source
Reuters- Deutsche Lufthansa AG (DLAKY.PK)

Data source #4

Data source type
Company sources
File
Comment on data source
Lufthansa website- corporate structure

Data source #5

Data source type
Media report
File
Date
2014-11-06
Comment on data source
African Energy- African jatropha oil to fuel Lufthansa jets

Data source #6

Data source type
Company sources
File
Date
2014-09-15
Comment on data source
Lufthansa conducts first European scheduled flight using sugar-based biofuel

Detailed crop, animal and mineral information

Crops area
Jatropha, Oil Seeds (unspecified)

Use of produce

Has export
Yes
Export
100
Country 1
Germany
Comment on use of produce
The oil, also known as feedstock, will then be sold to refineries to create jet fuel or bio-kerosene; Lufthansa will have an offtake agreement to buy back the jet fuel.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Process the jatropha into oil

Detailed crop, animal and mineral information

Crops area
Jatropha

Use of produce

Has export
Yes
Export
100
Country 1
Germany
Comment on use of produce
The oil, also known as feedstock, will then be sold to refineries to create jet fuel or bio-kerosene; Lufthansa will have an offtake agreement to buy back the jet fuel.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Process the jatropha into oil

Overall comment

Overall comment
Lufthansa will not invest in the farmland itself, but is looking for investors to create a fund in order to invest in the land.

Overall comment

Overall comment
Lufthansa will not invest in the farmland itself, but is looking for investors to create a fund in order to invest in the land. Germany’s JatroSolutions has signed a memorandum of understanding (MoU) with national airline Lufthansa to grow jatropha in West Africa for kerosene production.