Sunday 20 April 2014
 
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Jet fuel

EU scraps duty on jet fuel imports

The European Union adopted a regulation on Monday making jet fuel imports duty-free starting next year, ending months of uncertainty that had worried airlines, refiners and traders. EU ministers "today adopted a regulation re

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Aramco sells 1st jet fuel from new Jubail JV

Saudi Aramco has sold its first jet fuel cargo from a new joint-venture refinery in Jubail, with the shipment likely to head to Europe, industry sources said on Thursday. The 40,000-tonne cargo, which will likely be loading in mid

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Etihad wins top risk management award

Etihad Airways, the national airline of the UAE, has been named Corporate Risk Manager of the Year at the Energy Risk Awards Asia in recognition of its highly effective fuel hedging strategy. The airline has built up its fuel hedg

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Jet fuel imports from Gulf exempt from duty

Jet fuel imports from Gulf countries are exempt from paying a new 4.7 per cent duty, an EU official said on Wednesday, overriding a previous statement they would have faced the charge. Last month, officials had said the European U

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EU Mideast jet fuel imports to escape new duty

The European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said. Leading Middle East oil producers are to l

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Shell's gas-to-liquid jet fuel finds new uses

The jet fuel from Pearl GTL, Shell's gas to liquid (GTL) production plant, has received approval providing new and varied advantages for airports and airlines. “GTL jet fuel is a blend of GTL kerosene and conventional oi

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Saudi Aramco finalises jet fuel deal

The new trading arm of state-run Saudi Aramco has finalised a January to June 2013 term contract to sell jet fuel with at least one buyer, traders said on Friday. Saudi Aramco Products Trading Company has agreed to sell undisclose

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Gulf Air’s high fuel price claims denied

Bahrain Petroleum Company (Bapco) has dismissed reports Gulf Air may be paying up to seven times more to buy its jet fuel than some of its regional rivals. Sources earlier said it was cheaper for the national carrier to re-fuel its planes

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KPC wins Italy jet fuel contract

Q8Aviation, a part of Kuwait Petroleum Corporation (KPC), has won its first major contract from easyJet for supply of jet fuel at Catania-Vincenzo Bellini Airport in Italy. The world's sixth largest supplier of aviation fuel, Q8Aviatio

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Iran to start exporting jet fuel

Iran has begun exporting jet fuel, state radio reported on Wednesday in the latest bullish declaration about the country's ability to refine fuel in the face of international sanctions. "Iran has signed its first contract for exporting jet

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