Israel to transfer jet fuel to Germany following Hormuz crisis
Germany asked for help as Israel identified surplus jet fuel and said shipments would depend on the security situation, officials said.
- Energy Minister Eli Cohen and Foreign Minister Gideon Saar announced Tuesday that Israel will supply jet fuel to Germany following a request from the German Energy Ministry, after the Fuel Administration determined a production surplus.
- Germany seeks alternative energy sources following closure of a critical shipping strait, prompting the German Energy Ministry to request assistance; Israel is also exploring natural gas exports to support its partner.
- Shipments remain contingent on the evolving security situation within the region, the Foreign Affairs Ministry noted, with all exports coordinated directly with refineries to manage logistics.
- Germany's chemical industry faces significant pressure, with The Ifo Institute reporting business morale at a three-year low in April due to supply chain disruptions linked to the Iran war, affecting one in three companies.
- Businesses view the current rise in demand as temporary and plan to cut back production in the coming months, though companies expect further price hikes to counter rising chemical costs.
27 Articles
27 Articles
Israel to sell jet fuel to Germany aid Hormuz disruptions
Energy and Infrastructure Minister Eli Cohen and Foreign Minister Gideon Saar approved the move. By Gila Isaacson, JFeed Israel has agreed to export jet fuel to Germany after Berlin formally requested assistance due to supply disruptions caused by the ongoing crisis in the Strait of Hormuz. The Israeli Energy Ministry confirmed it has surplus production capacity that allows for the export. Shipments will be coordinated directly with Israeli refi…
The energy crisis also affects the aviation industry in Germany. While the Federal Government does not see a shortage of kerosene, Israel is already offering help. The most important questions and answers.
Despite the energy crisis, it was said last time that Germany had enough kerosene stocks. Now Israel is telling us that it wanted to help Germany with kerosene - probably at the request of the German Ministry of Economic Affairs.
Against the background of possible bottlenecks due to the Iran war, Israel wants to supply Germany with kerosene. The Federal Government has not yet commented on the plans.
Germany Seeks Israeli Jet Fuel As Hormuz Disruptions Cripple Airlines
Israel will begin supplying jet fuel to Germany after Berlin requested assistance as the Hormuz crisis starts disrupting aviation fuel flows into Europe. Israeli Foreign Minister Gideon Sa’ar informed Germany’s economy and energy ministry during meetings in Berlin this week that Israel would approve shipments after determining it had surplus jet fuel production capacity, according to Israeli media reports. Israeli officials said the shipments w…
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