Sinopec targets 10 million mt, 15 million mt LSFO production by 2020, 2023

Chinese oil major Sinopec on Wednesday (5 June) said it will produce 10 million metric tonnes (mt) and 15 million mt of low-sulphur marine fuel oil (LSFO) respectively in 2020 and 2023.

By January 1, 2020, Sinopec will offer vessels LSFO marine fuel at Zhoushan and other China major ports, in addition to more than 50 foreign ports including Singapore.

The development is the result of a 2017-launched research and development project for LSFO production from ten Sinopec refineries located at Shanghai, Jinling and Hainan; the oil facilities have already started LSFO production earlier this year.

Further, the Great Wall Lubricating Oil Company, a sub-brand of Sinopec, has launched auxiliary products to compliment Sinopec’s LSFO marine fuel; the product has obtained OEM certification from international marine diesel engine manufacturers.

“Reduction of shipping emissions is one of the key factors in the Blue Sky Protection Campaign,” said Lv Dapeng, the spokesman of Sinopec.

“The production and supply of low-sulphur marine fuel oil is a green initiative that benefits the whole world and requires concerted global action.”

Related: Sinopec to provide marine fuels and bunkering at Hambantota
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Related: Shanghai Petrochemical starts LSFO marine fuel production
Related: Sinopec to supply IMO 2020 compliant bunkers from deadline
Related: Sinopec prepares refinery for 2020 IMO rule

Photo credit: Sinopec
Published: 6 May, 2019