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New NATO-Funded Fuel Depot in Iceland Takes Shape

Summary by EURACTIV
The new facility should bring extra support for ships conducting surveillance and operations in the region, said Iceland's Foreign Minister, Þorgerður Katrín Gunnarsdóttir

4 Articles

In the afternoon news we will be in the South Iceland region, but this morning an agreement was signed for billions of ISK in development in Helguvík, which will be financed by NATO.

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The Minister of Foreign Affairs and the Mayor of Reykjanesbær express great satisfaction with plans to expand the NATO oil storage facility in Helguvík. A letter of intent for the construction of a 390-meter-long berth and a storage facility for 25 thousand cubic meters of marine fuel was signed this morning. Minister of Foreign Affairs Þorgerður Katrín Gunnarsdóttir says the development of the NATO oil storage facility in Helguvík is extremely …

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RÚV broke the news in on Thursday, November 27, 2025.
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