Energy Minister says main concern is primarily with diesel and gas

Wednesday, 11 March 2026RSS
Energy Minister says main concern is primarily with diesel and gas

Portuguese Energy Minister Maria da Graça Carvalho stated on Wednesday that fuel prices, particularly diesel and natural gas, are causing significant concern for the Portuguese government, other OECD nations, and international bodies like the International Energy Agency (IEA). Carvalho noted that while Portugal has 93 days of oil reserves, gas reserves are lower, at four weeks. She highlighted the vulnerability regarding diesel, which must be imported from the Middle East, and the impact of gas prices on key industries like glass, ceramics, and textiles. Although the IEA has agreed to release emergency reserves, the Minister described Portugal's potential 10% contribution as largely symbolic, serving as a gesture of international solidarity rather than a major supply shift.

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