Latest news and stories about fuel supply in Portugal for expats and residents.
The US President will meet with his closest advisors in the Situation Room. Furthermore, in Portugal, no problems with fuel supply are expected, according to Galp.
Galp has dismissed concerns regarding fuel supply in Portugal, including aviation fuel, and argues that the asset merger with Moeve will strengthen response capacity during crises. Co-CEO Maria João Carioca stated the company is focused on maintaining supply security amid geopolitical instability, while co-CEO João Diogo Marques da Silva noted that Galp has limited exposure to Middle Eastern crude and is actively managing jet fuel imports and production. The company remains committed to its Sines refinery operations and expects to sign the merger agreement with Moeve by mid-year, viewing the deal as a way to enhance scale and long-term energy security.
The start of domestic jet fuel production in Portugal is helping to alleviate supply worries for airline companies ahead of the holiday season.
The start of domestic jet fuel production in Portugal is helping to alleviate supply worries for airline companies ahead of the holiday season.
“What is voluntary today could become compulsory,” bloc's transport commissioner warns, while denying supply crunch exists.
Alexis Vafeades wants to avoid queues should the community bloc face fuel supply issues due to the conflict in the Middle East.
The Minister of Infrastructure guarantees he is closely monitoring fuel supply problems at TAP, but does not comment on the effects of the Middle East war on privatisation and prices.
The European Commission reiterated today that there is no shortage of fuel, specifically for aviation, in the European Union (EU), but assured it is prepared for “possible actions” and recalled the “significant capacity” to refine crude oil within the community space.
The European Commission reiterated today that there is no shortage of fuel, specifically for aviation, in the European Union (EU), but assured it is prepared for “possible actions” and recalled the “significant capacity” to refine crude oil within the community space.
Portugal currently holds a four-month supply of jet fuel, according to the Jornal Económico.
Galp assures that no disruptions to aviation fuel supply are expected, despite supply chain issues caused by the war in Iran, and is already adopting measures to strengthen supply security and storage.
This Friday, the Minister of Environment and Energy had already assured that the supply of aviation fuel is guaranteed by Galp “until the peak of summer”.
“Galp, in the meeting we had, told us that they can perfectly sustain supply until the peak of summer,” stated the Minister of Energy and Environment.
The government met with Galp and Repsol. The Minister of Energy and Environment states that the situation in the Iberian Peninsula is much more comfortable than in the rest of Europe and many other parts of the world.
No shortages for now, but 90-day strategic reserves are on alert. The EU is monitoring the impact of the war in Iran on supply routes in real time.
The Minister of Energy and Environment, Maria da Graça Carvalho, stated that Galp has confirmed aviation fuel supplies will last until mid-August. While the Iberian Peninsula is in a more comfortable position than the rest of Europe due to its refinery capacity and renewable energy production, the minister acknowledged that global supply chain interdependencies mean Portugal remains vulnerable to potential international crises. The European Commission has stated there is no current fuel shortage in the EU, though it is preparing for potential disruptions, following warnings from the International Energy Agency regarding global aviation fuel stocks.
The Minister of Environment confirms that fuel supplies for aviation are secured in Portugal through the busiest summer period.
This is a guarantee from Maria da Graça Carvalho, who held a meeting with Galp. Also, Israel promises to continue controlling the occupied territory in southern Lebanon, despite the ceasefire in effect.
The European Commission has guaranteed that, for the time being, there is no fuel shortage.
The Minister of Environment confirms that Portugal has sufficient jet fuel supplies to last through the peak summer season.
Pedro Sampaio Nunes, an energy expert, analyses the European Union's concern, which has admitted there could be problems with the supply of aviation fuel in the near future.
The Government guarantees that there will be no fuel shortages in Portugal. It believes the country is well safeguarded regarding oil.
The president of ENSE states that the national emergency network of 300 fuel stations, which is activated during crisis situations such as blackouts or lorry driver strikes, must be re-evaluated in light of the current context.
