According to the "Groupement Pétrolier", the corona crisis is starting to take a great toll on the national fuel sector. Even though at no point during the lockdown stations had to close, the businesses still record alarming numbers. Romain Hoffmann, president of the group, comments:
"Lockdown in Luxembourg, lockdown in our neighbouring countries with border patrols, home office culture. Naturally, our numbers have dropped."
Especially motorway stations around the borders suffer from the decline in tourism-related traffic:
"These stations have reported a drop in sales between 80% and 90%. The remaining motorway stations have noted declines between 60% and 70%, while the rest of the country's stations report a 50% decline compared to regular times.
The associated shops also felt the sting of reduced customer numbers. This negative trend, however, was only observed around the country's borders. Those situated within the Grand Duchy noted a slight customer increase.
Hoffmann appreciates the governmental support handed out thus far. Nonetheless, a great number of independent businesses have yet to receive their share.
Business is one matter, but the health of employees remains the other major reason for concern. The sector had to quickly adapt to the new situation, find common solutions, and be aware of false information that was making its rounds. Hoffmann notes the efficiency of the solutions:
"To my knowledge, the petrol sector has only reported three positiv coronavirus infections thus far."
Of course, the low petrol prices remain an issue:
"The barrel currently sells at 20 dollars, which makes it impossible for any business to make a profit from sales."
It has become apparent that the sector will need to restructure further if the situation remains unchanged. It is too early however, to formulate concrete predictions.
