Puente rules out kerosene supply issues this summer

The transport minister says Spain has enough capacity to supply airlines despite the Hormuz crisis.

Transport and Sustainable Mobility Minister Óscar Puente said Monday in Luxembourg that airlines operating in Spain will not face kerosene supply problems this summer. According to Puente, the companies have conveyed a message of “tranquility” to the government regarding fuel supplies for the coming months. Puente noted that Spain has several refineries capable of producing aviation kerosene, reducing dependence on routes such as the Strait of Hormuz. The minister acknowledged that a prolongation of the Middle East conflict could raise costs, although there are no alarm signals for now. European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas backed this view and said there are no signs of aviation fuel shortages in Europe or of mass flight cancellations.

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Repsol chief executive Josu Jon Imaz warned Thursday of periods of complexity in petroleum product supplies across Europe in the coming weeks and months due to the closure of the Strait of Ormuz.

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The government has extended its crude oil swap system with private firms until the end of June amid uncertainties around the Strait of Hormuz. The system was introduced in April to stabilize fuel supplies.

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