Turkey is being presented in Turkish media as a critical hub in efforts to manage Europe’s jet fuel supply problems, amid tensions in the Middle East and disruption concerns linked to the Strait of Hormuz.
Ugur Uyan, deputy general manager of Turkish Fuel Services, said Turkey has both the infrastructure and geostrategic position to play an important role in securing aircraft fuel supplies across the region.
According to Uyan, Istanbul Airport handles around 1,500 flights a day, while the company has storage capacity of 300,000 cubic metres.
The issue comes as the European Commission says it is preparing for all scenarios due to uncertainty in the fuel market.
Ryanair chief executive Michael O’Leary has also warned that rising jet fuel prices could push some European airlines close to bankruptcy.
Source: CNA
