Fuel Oil Availability Outlook in ARA, Gothenburg, and Mediterranean Hubs
What happened
An outlook on fuel availability was published regarding several key bunkering hubs, including the ARA, Gothenburg, and the Mediterranean ports. The ARA hub has seen its independent gasoil inventories rise by 2% in September compared to August. For buyers needing supplies in the Scandinavian hubs, lead times of 10 to 14 days are recommended for delivery of any grade in Gothenburg.
Why it matters
The availability of fuel oil in the ARA has been trending downward, with imports of fuel oil averaging 297,000 b/d in September, down from 342,000 b/d in August. The availability of fuel oil in the region is supported by shipments from various sources, including Benin and France.
Who's involved
- GothenburgScandinavian hub requiring long lead times for fuel delivery
- BeninGeopolitical state cited as a source of fuel oil shipments
- CeutaAutonomous city involved in the fuel oil transit scenario
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BeninSpeculative
Benin could remain a key source contributing to the fuel oil shipments utilized in the ARA hub.
Keep exploring
The entities involved
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Gothenburg
second-largest city in Sweden and capital of the Västra Götaland County
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Benin
sovereign state in West Africa
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Ceuta
autonomous city of Spain in North Africa