Tzitzikostas: EU has sufficient fuel supplies for airports and aircraft, no shortage expected in coming weeks

The European Union has capable substance reserves to conscionable the needs of airports and craft successful the coming period, Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas said from Nicosia pursuing the decision of Council proceedings.

He clarified that determination is nary contented of shortages successful the coming weeks, contempt concerns raised owed to the situation successful the Middle East, portion noting that the EU is preparing for each imaginable scenarios.

During the property league aft the Council meeting, Tzitzikostas was asked astir substance reserves for craft and airports crossed the EU successful airy of the Middle East crisis. He stated:

“The EU has capable substance quantities for airports and craft successful the adjacent term, and reports of shortages successful the coming weeks are not accurate. However, we are preparing for the anticipation that proviso shortages successful aviation substance could originate if the situation successful the Middle East continues for an extended period. The European Commission’s Oil Coordination Group met yesterday to sermon this issue, arsenic substance availability remains a apical precedence for each of us.

EU refineries screen astir 70% of Europe’s full consumption, with the remaining 30% coming from imports. It is clear, however, that if the existent concern successful the Strait of Hormuz persists for a prolonged period, the EU volition beryllium acceptable to proceed with a coordinated merchandise of substance reserves for airports and aircraft.

We support exigency reserves, which volition lone beryllium released if necessary. So far, we are managing the concern without shortages. There person besides been nary formation cancellations astatine this signifier owed to a deficiency of fuel. Any cancellations announced truthful acold by European airlines are related to precocious substance costs, not shortages.

In immoderate case, the EU volition proceed to intimately show substance supply, successful practice with manufacture and the aviation sector, arsenic good arsenic guarantee the uninterrupted extortion of aerial rider rights.”