In a major development, Chad’s heavy sweet Doba crude has attracted new buyers looking to produce 0.5pc sulphur marine fuels ahead of new regulations, reports the Argus Media.
The New Buyers- Vitol, an old buyer: Traders said trading firm Vitol purchased three out of four 950,000 bl Doba cargoes for loading in August — the fourth went to Chinese state-owned refiner ChemChina. Vitol is not a regular buyer of Doba, and is likely to take the cargoes to its 82,000 b/d refinery in Fujairah, UAE, which...
http://mfame.guru/doba-secures-more-buyers-including-maersk-as-imo-2020-approaches/