Overview
- Vietnam’s aviation regulator warned of potential shortages from early April and told airlines to review operations, with domestic routes most at risk.
- Importers Petrolimex and Skypec said they can only guarantee supply through March and flagged financing strains as costs surge.
- Authorities instructed airports to ready extra parking space in case aircraft are idled by fuel constraints.
- China moved from urging refiners to halt new export deals to a March 11 ban on refined fuel shipments, while Thailand restricted fuel-oil exports on March 6, and supplies from Singapore have also tightened.
- Jet fuel swaps in Singapore trade near US$157 a barrel, and Vietnam has sought coordination with Beijing and Bangkok as airlines like Sun PhuQuoc Airways plan schedule adjustments.