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.
