Finance
Portugal Confident Its Airports Will Avoid Jet Fuel Shortages
Published by Global Banking & Finance Review®
Posted on April 20, 2026
2 min readLast updated: April 20, 2026
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Portugal expects no jet fuel shortages at its airports in coming months, thanks to Galp Energia’s domestic production at Sines, existing stocks and imports, despite wider European concerns amid the Iran war.
Portugal Confident Airports Will Avoid Jet Fuel Shortages Amid European Concerns
Portugal's Response to Potential Jet Fuel Shortages
Government Assurance and Monitoring
LISBON, April 20 (Reuters) - Portugal is confident there will be no jet fuel shortages at the country's airports in the coming months, despite concerns among European airlines ahead of the holiday travel season.
Portuguese Infrastructure Minister Miguel Pinto Luz told reporters on Monday that the government was in contact with oil companies and "knows what stock levels are available at national airports", without revealing them.
European Airlines' Warnings
European airlines have warned the Iran war could trigger jet fuel shortages, as Europe relies on the Middle East for about 75% of its jet fuel imports.
Portugal's Preparedness and Supply Chain
"It is a problem at a European scale, we are monitoring the situation closely ... our goal is to ensure that nothing fails in the coming months. We believe supply will continue to be guaranteed," Pinto Luz added.
Portugal is more shielded from the conflict than some other European countries, as its dominant jet fuel supplier to airports, Galp Energia, sources its crude mainly from Brazil and processes it into jet fuel at its Sines refinery.
"At this stage, no disruptions are anticipated in the coming months, a period during which consumption is covered by Galp's own production, available stocks and imports," it said.
Measures Taken by Galp Energia
Galp is also taking measures to secure jet fuel supply.
(Reporting by Sergio Goncalves; editing by Andrei Khalip and Alexander Smith)
Key Takeaways
- •Portugal’s Infrastructure Minister Miguel Pinto Luz says the government is monitoring stock levels and sees no supply risk ahead.
- •Galp Energia, Portugal’s main jet fuel supplier, relies on Brazilian crude and its Sines refinery, making Portugal more shielded from Middle East disruptions.
- •Europe overall faces jet fuel risks—IEA warns only six weeks of supply remain—but Portugal’s domestic setup provides resilience.
Frequently Asked Questions about Portugal confident its airports will avoid jet fuel shortages
1Why is Portugal confident there will be no jet fuel shortages at its airports?
Portugal's government is in contact with oil companies and monitors stock levels. Its main supplier, Galp Energia, sources crude mainly from Brazil and produces jet fuel at the Sines refinery, making it less dependent on the Middle East.
2How is the Middle East conflict affecting Europe’s jet fuel supply?
European airlines have warned that the Iran war could trigger jet fuel shortages since Europe sources about 75% of its jet fuel imports from the Middle East.
3What measures is Galp Energia taking to secure jet fuel supply?
Galp Energia is ensuring jet fuel supply through its own production, available stocks, and imports, and is taking additional measures to secure supply for the upcoming months.
4Is Portugal completely protected from potential jet fuel disruptions?
While Portugal is more shielded than some other European countries due to focused supply sources, the situation is being monitored and no disruptions are currently anticipated.
5Who is Portugal's dominant jet fuel supplier for airports?
Galp Energia is the dominant jet fuel supplier for airports in Portugal, sourcing crude mainly from Brazil.
