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UK: Greenergy expands oil business into the marine fuels sector

IMO 2020 developments ‘making marine fuels more similar to the road fuels’, says Chief Executive.
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UK fuels supplier Greenergy is expanding operations to the marine fuels sector after, says its Chief Executive.

The company made the decision after investing in infrastructure in order to import and supply its own fuel products.

“Changes to marine fuel specifications in 2020 are making marine fuels more similar to the road fuels that we currently supply,” explained Andrew Owens, Greenergy.

“We therefore intend to build on our existing distillate supply chains to blend, store and supply marine fuels, both in the UK and further afield. Varun brings a wealth of experience to this project and we welcome him to the team.”

As part of the development, Greenergy has appointed Varun Chhabria to lead its expansion in the marine fuels sector; he joins from Certas Energy but is already well-known within Greenergy, having previously worked at Inver Energy.

“The combination of Greenergy’s scale in the UK and its international expansion make this an exciting time to be joining the company,” says Chhabria.

“The company has strength and depth across its business and I look forward to working with colleagues old and new as we expand Greenergy’s low-cost/high service offer to marine fuel customers.”

Greenergy operates as a “midstream supplier”, moving fuel products from the refinery gate to petrol filling stations and customer sites in the UK and Canada, and supply fuel from 28 terminals across the UK.

The company owns or manages stock at eight terminals across the country including at Thames, Teesside, Clydebank, Ross, Cardiff and Plymouth.

Published: 25 October, 2018
 

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