Australia’s largest operator of oil and gas production Woodside Petroleum reportedly intends to enhance the quality of its Vincent crude from July onwards, reports Reuters.
The company plans to increase the crude oil’s flash point so that it can be blended into very low sulphur fuel oil (VLSFO) for capturing a higher value revenue stream.
The increase in flash point will be made feasible by reducing blends from the Cimatti field off Western Australia into the Vincent crude product.
The company also purportedly plans to export two Vincent crude cargoes per month.
Photo credit: Woodside Australia
Published: 26 May, 2020
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