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Market Chatter: Namibia Jet Fuel Shortage Reportedly May Persist Through Weekend

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Namibia's jet fuel shortage could persist until the weekend after a contaminated cargo prompted Dutch trading firm Vitol to scramble to replace supplies, Bloomberg reported on Wednesday.

The shortage has disrupted flights, with Deutsche Lufthansa reportedly diverting some services to Germany through Angola to refuel and asking partners to reduce cargo loads.

The fuel was quarantined after gasoline was found to have contaminated a shipment imported by Vivo Energy Namibia, Vitol's local unit. Vivo reportedly said no contaminated fuel reached aircraft and that replacement supplies had already been dispatched, with another shipment headed to Walvis Bay.

Vitol, Lufthansa and the Namibian Ministry of Mines and Energy did not immediately respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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