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Austria released parts of its strategic oil reserve on Saturday – citing refinery incident

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Austria is opening up part of its reserves of fuel. Releasing
112,000 tons of diesel & 56,000 tons of gasoline to cover loss of production at a key refinery. The plant was hit by whats described as a ‘mechanical incident’ on Friday.

Info comes via Reuters, adding:

  • release should be enough to cover the loss of production at the refinery for 14 days, the government said.
  • Austrian Chancellor Karl Nehammer:

    “Despite this incident, the security of fuel supply is assured, so no one need worry. There are still enough reserves available if the need arises.”

oil refinery

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