a New regs require lower bunker fuel sulfur levels

Recently ratified International Marine Organization regulations that call for a decrease in the sulfur level of marine bunker fuels may cause refiners to invest in more desulfurization and conversion capacity. In the past, refiners have traditionally used the unregulated marine bunker fuel pool as a way to dispose of bottom-of-the-barrel streams high in sulfur.This article reviews the current and future regulations for bunker fuel and the effect they will have on the global refining industry.Bunker fuelMarine bunker fuel comprises only about 5% or less of total global petroleum consumption. The product, however, has been an important outlet for difficult-to-handle, high sulfur residues as...

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