Vitol, the world’s largest independent oil trader, is building a small oil refinery at its storage terminal in Malaysia to supply low-sulphur fuel for ships.
The facility will be able to process 30,000 barrels per day and is located just opposite the Port of Tanjung Pelepas, overlooking western Singapore.
The project is expected to be completed in May 2020 and will add to Vitol’s refinery in Fujairah in the United Arab Emirates in providing low-sulphur fuel oil come the start of the global sulphur cap on January 1.
