Hellenic Fuels & Lubricants Single Member Industrial & Commercial S.A.

Hellenic Fuels & Lubricants Single Member Industrial & Commercial S.A., a Greece-based for-profit subsidiary of Hellenic Petroleum, supplies automotive gasoline, diesel fuel, and aviation turbine fuel (JP8) to the Defense Logistics Agency Energy and the Department of State's Bureau of European and Eurasian Affairs as a prime contractor, competing in the open market without set-aside designations. The company operates exclusively within Greece, performing all work at multiple locations including Souda Bay, Akrotiri, and Camp Trantafyllidis.

The vendor's federal footprint is highly concentrated and recent. Across 396 prime awards spanning the past five years, Hellenic Fuels has captured 100% of its portfolio from two customer agencies: the Defense Logistics Agency Energy (337 awards, $27 million combined potential value) and the Department of State Bureau of European and Eurasian Affairs (59 awards, $1.4 million combined potential value). Activity accelerated sharply in 2023 with 75 awards, declining to 36 in 2025 and 8 in the first quarter of 2026. Combined potential value across all awards stands at $28.5 million, with $13.3 million obligated (47% realization rate). The vendor holds no subcontract position in the source data; all work is as a prime contractor.

Hellenic Fuels operates under five parent indefinite-delivery vehicles. The largest is an indefinite-delivery contract (SP060013D9408) with 154 task orders valued at $8.3 million; a second indefinite-delivery contract (SPE60523D9401) generated 152 task orders worth approximately $1 million. A newer single-award indefinite-delivery contract with DLA Energy, awarded March 19, 2025, carries a $934,818.57 ceiling and runs through May 31, 2028, with 28 delivery orders already issued for automotive gasoline ranging from $2,982 to $17,476 each. The Department of State's Bureau of European and Eurasian Affairs maintains a $222,209.62 indefinite-delivery contract (awarded May 1, 2024, running through May 8, 2027) for duty-free unleaded gasoline (X15015), with five delivery orders issued to date valued between $13,752.72 and $19,640.43. A predecessor State Department indefinite-delivery contract valued at $375,448.20 concluded April 30, 2024, after supporting eight fixed-price-with-economic-price-adjustment delivery orders from June through December 2022.

All delivery orders are fixed-price or fixed-price-with-economic-price-adjustment contracts for spot fuel purchases—typically two to three weeks' performance, with individual order values ranging from approximately $3,000 to $26,000 for automotive gasoline and $3,000 to $15,000 for diesel. Representative work includes a $17,476.37 automotive-gasoline delivery order from DLA Energy (March 30, 2026), a $19,640.43 duty-free-unleaded-gasoline delivery order from State's Bureau of European and Eurasian Affairs (March 17, 2026), and a $14,913.43 automotive-gasoline delivery order from DLA Energy (May 26, 2025). The vendor's work supports U.S. military vehicle fleets, aircraft fueling, and diplomatic-mission vehicle operations at bases and facilities throughout Greece, including NATO Strategic Communications Centre of Excellence at Souda Bay.

Competitive recompete exposure in the next twenty-four months is minimal: only one award (valued at $15 thousand) completes within that window. The bulk of the recompete cliff extends beyond 2027 under the DLA Energy contract running through May 31, 2028. Hellenic Fuels' business model is transactional and volume-driven rather than capability-intensive; the company functions as a regional fuel distributor leveraging its position in the Greek energy market to supply spot fuel orders to U.S. government consumers. There is no evidence of teaming relationships, subcontracting activity, or diversification into adjacent service lines. The vendor competes full-and-open against all potential suppliers without set-aside protection.