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Free AccessOMV Stops Diesel Deliveries From Munich Storage Site
Austria’s OMV halted wholesale diesel supply from its main storage facility in Munich as of early Wednesday, affecting supplies to several sites according to two people familiar with the matter.
- The halt is affecting supplies from OMV’s Feldkirchen site near the Bavarian city and its Burghausen refinery, sources said.
- There is no further information on the length or the reason of the stoppage.
- Disruption to diesel supply to inland Germany is closely watched at this time of year, because those areas rely on deliveries via the Rhine from Rotterdam.
- Late-June, Germany’s Vohburg refinery stopped making wholesale deliveries of diesel, after a halt to wholesale deliveries of heating oil a week prior.
- Water levels in parts of the Rhine River have plunged in recent weeks. Barges going to Upper Rhine now having to sail only half full according to Interstream Barging.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.