Global oil refiners have upgraded processing units and adjusted operations to increase the output of residual low-sulfur fuels and marine gas oil to prepare for more stringent shipping fuel standards kick-in Jan.1. The shipping industry consumes about 4 million barrels of marine bunker fuels per day, and the rule changes will affect over 50,000 merchant ships worldwide, opening up a significant new fuel producers market.
Chinese mari....
Tags : oil refiners, China, Beijing , Organization, india,
comments (0)