Refinery

China Procures Crude Oil To Stock, But Difficulties Loom

  • Chinese refineries processed 12.6 million barrels per day (bpd) of crude in the first quarter, up 4.4 %from the three months to end-December.
  • Crude imports in the January-March period were 9.83 million bpd, while domestic output was 3.84 million bpd, giving a total of 13.67 million bpd.
  • China increased the amount of crude stored by around 57,000 bpd in first quarter of 2019 from last quarter of 2018.
  • The cargoes that arrived in China in Jan and Feb would have been fixed at a time when crude...

http://mfame.guru/china-procures-crude-oil-to-stock-but-difficulties-loom/

Shell & HES To Revive German Oil Refinery Ahead of IMO 2020

  • The sulphur cap set by the IMO from next year, to be one of the biggest fundamental events to hit oil markets in years.
  • Royal Dutch Shell with Dutch tank terminal firm HES International to restart a German oil refinery mothballed to meet new restrictions on marine fuels.
  • HES is in the process of reinstalling the VDU at Wilhelmshaven to produce LSFO ahead of the implementation of the IMO rules
  • The IMO sulphur restrictions will lead HSFO demand to fall 60% to 1.4 million bpd next year, while MGO...

http://mfame.guru/shell-hes-to-revive-german-oil-refinery-ahead-of-imo-2020/

Japan Supports Use of Open-loop Scrubbers

  • Japan concludes no scientific justification to ban open-loop scrubbers.
  • California and Connecticut in the US, Fujairah, Singapore, China have introduced regulations and jurisdictions to prevent discharge from open-loop scrubbers.
  • The issue raised is that open-loop scrubbers do not address environmental issues as they simply take sulfur out of the air and put it into the ocean.
  • Japan concluded that the discharge water with chemical substances such as SOx, PAHs and heavy metals cannot cause...

http://mfame.guru/japan-supports-use-of-open-loop-scrubbers/

Sinopec’s Hainan Refinery Delivers First Low-Sulphur Bunker Fuel Cargo

In a recent development, Sinopec Corp’s subsidiary refinery has announced that they have delivered their first shipment of low sulfur bunker fuel that meets IMO standards in the southern island province of Hainan, reports Reuters.

How was it done?

* A vessel carrying 2,200 tonnes of the fuel left the Hainan refinery in late February heading to Ningbo on the east coast. The fuel will be put to pilot use at a maritime institution in Shanghai, China Securities Journal reported

Why was it needed?

* The...

http://mfame.guru/sinopecs-hainan-refinery-delivers-first-low-sulphur-bunker-fuel-cargo/

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