Singapore: Petrobras completes inaugural sale of B24 biofuel blend in Asia
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by Admin
Brazilian state-controlled oil and gas producer Petrobras recently made its first sale of VLSFO (Very Low Sulphur Fuel Oil) with 24% renewable content (B24) in the Asian bunker market.
The bunker fuel was sold to Singapore bunker supplier Golden Island. Petrobras said the fuel will be delivered in February.
The product, sold by Petrobras Singapore, was formulated using a blend of 76% mineral fuel oil, predominantly sourced from Petrobras refineries, and 24% UCOME, a biofuel derived from the processing of used cooking oil (UCO) purchased locally.
Petrobras Singapore holds the ISCC EU certification, which guarantees that its product meets the strict sustainability criteria that accompany the biofuel logistics chain involved in the process.
For the formulation, Petrobras used the facilities of the Jurong Port Universal Terminal, where it has a lease agreement for fuel oil and B24 tanks. The bunker supply operation with renewable content follows the same operational protocol adopted for 100% mineral bunker, mostly through the use of smaller vessels, where the product is loaded at the terminal and delivered to the consumer ship.
“The commercialisation of VLSFO with 24% renewable content in the Asian market is aligned with Petrobras’ strategy of developing new products towards a low-carbon market, innovating to generate value for the business, and enabling solutions in new energies and decarbonization”, said Petrobras’ director of Logistics, Commercialisation and Markets, Claudio Schlosser.
Photo credit: Petrobras
Published: 17 February, 2025
