Austrian energy group OMV has seen the first signs of increase in road fuel demand in the country over the past week, as Austria started lifting its Covid-19 lockdown, but expects a gradual recovery to usual consumption levels later this year, CEO Rainer Seele has said in a S&P Global interview.
Austria was the first European country to start relaxing its Covid-19 measures and since the partial re-openings, road fuel sales have recovered somewhat, with gasoline currently being 40% lower and diesel down at 20% of year-earlier levels, according to Seele. Jet fuel sales remain 95% lower.
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Austria is expecting a further lifting of the quarantine restrictions on 4 May.
