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Cepsa introduces multi-product marine fuel supply vessel

23 Mar 2018

Spanish multinational oil and gas company Cepsa has introduced the first multi-product bunkering vessel in southern Europe.

The mass flowmeter (MFM) equipped Oizmendi is based at the Port of Huelva, Spain and is able to provide liquefied natural gas (LNG), in addition to traditional bunker fuels such as fuel oil and marine diesel.

The vessel has a storage capacity of 600 cubic metre (m3) for LNG, 1,900 metric tonnes (mt) for fuel oil and 470 mt for marine diesel.

The development is part of the CORE LNGas Hive project, launched by the European Commission to promote the use of gas as a fuel for transport contributing to the reduction of carbon dioxide (CO2) emissions in the Atlantic and Mediterranean European maritime corridors.

“The new supply vessel provides great flexibility to meet the needs of our customers, as we can provide traditional marine fuels alongside more innovative fuels in the same vessel, such as liquefied natural gas, covering the entire value chain and providing the energy that each client requires,” says Alberto Martinez-Lacaci, marine fuel director at Cepsa.

The company claims it sells more than 11,000 mt of marine fuel annually, representing a market share of over 50% in Spain.

Photo credit: Cepsa
Published: 23 March, 2018


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