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Germany's Ministry of Economic Affairs and Energy on Wednesday approved oil importers and companies to withdraw 84,000 tons of gasoline, 180,000 tons of ultra-low sulfur diesel (ULSD) and 67,000 tons of jet fuel
from its strategic reserves, according to a press release, according to a press release.
Diesel and gasoline will be released from stocks in southern Germany, the most famous of which are Cologne, Hesse, Rhineland-Palatinate, Baden-Württemberg and Bavaria
.
At the same time, jet fuel will be released
from stocks in Frankfurt, Cologne and other parts of southern Germany.
The low water level of the Rhine poses serious logistical problems
for end-users and importers of ULSD, gasoline, light oil used as heating oil and aviation kerosene.
An oil products trader active in the area said he had been "praying for rain" to alleviate the nightmare
for barges transporting oil products along the Rhine.
The German Waterways Authority (WVS) said the Rhine level had dropped to 26 centimetres
on Friday.
Germany's Ministry of Economic Affairs and Energy on Wednesday approved oil importers and companies to withdraw 84,000 tons of gasoline, 180,000 tons of ultra-low sulfur diesel (ULSD) and 67,000 tons of jet fuel
from its strategic reserves, according to a press release, according to a press release.
Diesel and gasoline will be released from stocks in southern Germany, the most famous of which are Cologne, Hesse, Rhineland-Palatinate, Baden-Württemberg and Bavaria
.
At the same time, jet fuel will be released
from stocks in Frankfurt, Cologne and other parts of southern Germany.
The low water level of the Rhine poses serious logistical problems
for end-users and importers of ULSD, gasoline, light oil used as heating oil and aviation kerosene.
An oil products trader active in the area said he had been "praying for rain" to alleviate the nightmare
for barges transporting oil products along the Rhine.
The German Waterways Authority (WVS) said the Rhine level had dropped to 26 centimetres
on Friday.
