The prospect of disruptions in transport fuel supply has been flagged by Cyprus’ Minister of Transport, Communications and Works, Alexis Vafeades, amid escalating geopolitical tensions in the Middle East.
Speaking ahead of an extraordinary meeting of EU transport ministers held via teleconference on Tuesday, Vafeades stressed that while any shortage remains a possibility rather than a certainty, authorities must prepare for potential short-term supply challenges.
“We are facing the possibility of a shortage in transport fuel,” he said, underlining that the evolving crisis could impact Europe’s fuel supply. He added that beyond immediate concerns, structural issues related to long-term demand also need to be addressed.
Vafeades emphasised the importance of preventing panic among the public, warning against scenarios that could lead to congestion at fuel stations. He said preparedness measures should aim not only to manage a possible crisis but to eliminate the conditions that could trigger such disruptions.
The minister noted that the timing of the discussion is significant, as it coincides with upcoming European-level deliberations, including a meeting of leaders scheduled to take place in Cyprus in the coming days.
Responding to questions about the risk of shortages in jet fuel, Vafeades said the focus remains on broader preparedness. However, he acknowledged that any disruption would have wide-ranging consequences, including impacts on connectivity and daily life across the EU.
European Commissioner for Transport and Tourism Apostolos Tzitzikostas also highlighted the growing pressure on transport systems, linking it directly to instability in the Middle East. He confirmed that the European Commission will present a new energy plan, “Accelerate EU”, with a strong emphasis on transport fuels, particularly aviation fuel.
Tzitzikostas called for a coordinated European response to mitigate the effects of rising costs and supply risks, stressing the need to strengthen the resilience of transport systems and supply chains against future shocks.
The discussion among ministers is expected to focus on immediate contingency planning as well as longer-term strategies to safeguard energy security across the bloc.
Source: CNA