Sinopec sets production goal of 10m tons of low sulphur fuel by 2020

Sinopec sets production goal of 10m tons of low sulphur fuel by 2020

Chinese state-run energy giant Sinopec has set a target of producing 10m tons of low sulphur fuel by 2020 to meet the growing market demand resulting from upcoming IMO regulations.

The company will expand the production capacity to 15m tons by 2023.

From Janaury 1, 2020, Sinopec will start supplying low sulphur fuel at all the major ports in China and cover supply ability at more than 50 key overseas ports.

Sinopec claims the commitment will contribute a sulphur oxide emissions reduction of 600,000 tons per year.

Sinopec launched a project for research and development of low sulphur marine fuel in 2017, with ten Sinopec refineries located in coastal cities expected to produce low sulphur marine fuel.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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