Jet fuel supply for Portugal secure until August - Portugal Resident
Portugal Resident
Energy supply news in Portugal
Latest news and stories about energy supply in Portugal for expats and residents.
Latest news and stories about energy supply in Portugal for expats and residents.
Aviation expert Pedro Castro downplays the International Energy Agency's warning regarding a potential jet fuel shortage in Europe in “six weeks”.
With summer approaching and the Strait of Hormuz closed, the aviation industry is under heavy pressure due to its reliance on Middle Eastern jet fuel. Portugal also imports this fuel, but Galp rules out disruptions in the coming months.
Exploration, transfer, and refining points cannot be restored overnight amidst a disruption across the entire chain of oil shipping routes.
The head of the Directorate-General for Energy and Geology (DGEG) assures that the natural gas supply in Portugal is guaranteed for now. However, Paulo Carmona warns that the situation could change if the conflict continues.
The national energy supply chain does not even depend on oil or natural gas exported by Persian Gulf countries. And “there is no supply problem at Sines today,” guarantees the president of the main national port for crude oil and natural gas.
“Practically all the crude oil that enters Portugal comes through Sines,” states Pedro do Ó Ramos, president of the Port of Sines, explaining that the major suppliers of both crude oil and natural gas are not from the Middle East.
Governments consider emergency measures to address energy supply fears as war rages in the Gulf.
Putin guarantees he is available to supply oil and gas to Europe but asks for cooperation. The President of the European Parliament promises to respond in a “firm and united manner” if any member state is attacked.
A warning that limited biomethane supplies mean Portuguese companies must secure all available volumes, since demand will exceed supply.
Higher electricity consumption due to the cold is overloading the electricity grid. The president of the Union of Parishes of Alverca do Ribatejo and Sobralinho is calling for a swift solution.
Petrogal will supply electricity to the Portuguese Army and the National Air Force in a total amount of more than €6.4 million. The contracts, signed in December, run for one year. Galp's subsidiary also won the contract to supply natural gas to the Portuguese Army, worth more than ...
