Sinopec seeks export quotas from Beijing for low sulphur fuels

Sinopec seeks export quotas from Beijing for low sulphur fuels

In the week BP rolled out its global sales outlets for low sulphur bunker fuel and Shell made plans to produce compliant fuel at a refinery in Wilhelmshaven, China’s top refiner is also readying huge exports with 292 days until the global sulphur cap starts.

Zhang Chunsheng, chairman of Sinopec’s Jinling Petrochemical, one of the country’s largest oil refineries, has sought permission from Beijing to ramp exports of low sulphur fuel.

Two Sinopec plants have started refining their first cargoes of low sulphur fuel oil. As well as having compliant fuels ready at all China’s main ports soon, Sinopec plans to sell the fuel to key ports including Singapore.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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