Shell, HES to Start Low-Sulphur Bunker Fuel Project
03.20.2019 By Ricardo Perez - NEWS

March 18, 2019 [KallanishEnergy] – Shell and bulk-handling company HES International are planning to restart an oil refinery in Germany to produce low-sulphur bunker fuel ahead of new regulations going into force next year, Kallanish Energy learns.

 

The International Maritime Organization (IMO) approved the ban on high sulphur fuel oil (Hsfo) for vessels beginning in 2020. The International Energy Agency (IEA) expects a shake-up in the industry, as demand for Hsfo will fall from 3.5 million barrels per day (Mmbpd), to 1.4 Mmbpd.

HES is reinstalling the vacuum distillation unit (VDU) at Wilhelmshaven Tank Terminal, in order to produce low-sulphur bunker fuels to distribute as an alternative to Hsfo. Reuters reported they reached an agreement with Shell, under which the oil company provides the feedstock and receives the final product.

The terminal is located on Germany’s North Sea coast and is the largest independent liquid bunker terminal in the country. It has a 45-million-cubic-foot capacity and it holds several products, such as crude oil or liquefied petroleum gas.

Shell and HES said via email they aren’t commenting on the project.

——

Do you have an account in TankTerminals.com but have not accessed our new platform yet? Or is this the first time you visit our website?
Access TankTerminals.com New Market Intelligence Platform

JSW Infrastructure Eyes Plans for Green Hydrogen, Ammonia Plants at Its Ports
07.22.2024 - NEWS
July 22, 2024 [Microsoft Start]- JSW Infrastructure Ltd, India’s second-largest port operator, ... Read More
Standic Announce Successful Completion of The Second Phase of Their Terminal in Antwerp
07.22.2024 - NEWS
July 22, 2024 [Storage Terminals Magazine]- Standic, a leading terminal operator, is delighted to... Read More
NFE Launches Altamira LNG Production
07.22.2024 - NEWS
July 22, 2024 [LNG Prime]- US LNG firm New Fortress Energy has started producing liquefied natura... Read More
ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
07.22.2024 - NEWS
July 22, 2024 [Reuters]- Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to ... Read More