- Greek refiner Hellenic is targeting November for first supplies of IMO 2020 compliant bunker fuel.
- HELPE refining system will be ready on time to cover the Greek bunkering market with the new type of fuel.
IMO2020 grade fuel will be supplied to the market in time, by Greek refiner Hellenic Petroleum, for the sulfur cap rule change from the start of the year, reports Ship & Bunker.
Bunkering demand to be met
Hellenic Petroleum said it will be able to meet demand from the Greek bunkering market, following successful testing.
In addition, it will continue to supply high sulfur fuel to vessels using emission abatement technology more commonly referred to as scrubbers.
VLSFO delivery by 2020
“The group is on track with its plans to be able to deliver very low sulphur fuel oil by the beginning of 2020,” it said in its half-year results.
It has recently conducted an extensive test of new crude grades at the Aspropyrgos refinery “yielding positive results, in terms of both quality and specs of the new 0.5% fuel oil, as well as the operation of the refinery’s conversion units,” it said.
HELPE refining to cater Greek bunkering market
“We expect that HELPE refining system will be ready on time to cover the Greek bunkering market with the new type of fuel, as well as maintaining its ability to serve customers who opt for the scrubber solution and require high sulphur fuels,” Hellenic said.
Second quarter jet fuel and bunkering sales rose by 9% to 1.2 million metric tonnes “mainly on account of increased international marine consumption“, according to the company.
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Source: Ship & Bunker
