Indian state-owned oil and gas corporation Chennai Petroleum Corporation Limited (CPCL), a Group company of Indian Oil Corporation (IOC), has successfully produced a batch of IMO 2020 compliant low sulphur bunker fuel and is ready to supply to vessels at port, reports The Hindu Business Line.
CPCL is prepared to blend 5,000 metric tonnes (mt) of bunker fuel per month and production can be increased based on demand.
IOC currently procures marine fuel from its Paradip refinery but could change its supplier to CPCL if the rates are favourable.
The company notes that several other India refineries have started producing low-sulphur marine fuel this year, namely, Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).
Published: 27 August, 2020
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