Business · Energy & Commodities · 5 hrs ago

Spain's military gets no bids for aviation fuel in the Canary Islands

Spain's military gets no bids for aviation fuel in the Canary Islands

Spain's Defence Ministry has received no bids for a contract to supply aviation fuel in the Canary Islands.

The fuel is for aircraft and helicopters based on the islands, an important location for Spain's role in Africa.

Rising fuel prices linked to the closure of the Strait of Hormuz have made supplies harder to secure.

The Canary Islands contract could be worth up to €110 million if extensions are used, and the previous supplier was Moeve.

It is part of a wider fuel tender worth nearly €1.5 billion over four years, covering 11 lots for the armed forces.

A company challenge delayed the tender from May to September, and the procurement authority rejected the company's appeal.

The planned start date of 1 July 2026 has passed, while bids are still being reviewed, making the goal of starting the remaining contracts by year-end difficult.

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