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$48 Million Raised From International Fuel Swaps > Defense Logistics Agency > View News Article
FORT BELVOIR, Va. –
More than $48 million will be added to the Defense Department’s working capital fund following the Defense Logistics Agency’s Energy Fuel Exchange Agreements Forum in Garmisch-Partenkirchen, Germany, Sept. 20-22.
A DLA Finance Energy team settles several direct fuel invoices and FEA invoices with international partners including Poland, Romania, Czech Republic, Norway, France, Italian Navy, Spanish Armada, German Ministry of Defense and Belgian Ministry of Defence.
“One of the most useful takeaways during the forum was the opportunity to sign settlements face-to-face and build relationships in person,” said DLA Finance’s Head of Retail Energy Management, Patricia Canales. “This gave Finance Energy an insight into the ‘big picture’ of what it takes to support our military and foreign military partners. This was truly an exchange of ideas and a look at the future of fuel support through the lens of many present.”
This year was the largest forum since the inception of the annual event in 2007, sponsored by DLA Energy Europe & Africa. Nearly 90 representatives from 13 countries met in person during the forum to talk about fuel infrastructure, future operations and increased partnership opportunities, in addition to billing and settlement.
“We modeled this naval refueling forum in 2007 based on the long-standing reconciliation and resolution meetings we had with NATO air forces,” said Richard Sninsky, DLA’s Financial Energy Comptroller. “It has proven over the past decade and a half to improve our mutual fuel logistics partnerships, and returning nearly $50 million to our fund is a job well done.”
Steven Bocock, head of DLA Finance’s Retail Energy Support Branch, has attended the forum for the past four years. He and Canales briefed attendees on how the billing process works for direct bill and FEA and met individually with several foreign partners to discuss billing and payments.
“We are providing fuel or cash reimbursement to DLA Energy for fuel sold to foreign partners,” he said. “This meeting has proven to provide financial and operational benefits through international logistics within the Energy Fuel Exchange Agreement program.
DLA Energy Air Force Commander Brig. Gen. Jimmy Canlas delivered opening remarks in person during the forum reinforcing his commitment to DLA Energy’s international partnerships.
“These relationships we’ve built over and over show the world that we can stand together by supporting each other,” he said. “The past year has brought new concerns with possible threats that can affect us all, on land, sea or air. I ask you to think both strategically and operationally as we consider future fuel support going forward, especially in a contested and degraded environment.”
DLA Energy currently has 42 fueling agreements, which provide mutual fueling capabilities between partner nations and coalition forces worldwide. In sync with DLA Energy’s regional offices, DLA Energy’s International Fuel Agreements team is responsible for establishing and maintaining these long-term Department of Defense fuel agreements with foreign militaries providing a global capability to meet future fuel requirements .
Read more about DLA Energy’s international fuel agreement partnerships on the DLA Energy website.
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