UAE's Fujairah Marine Fuel Sales Drop in April
05.23.2022 - NEWS

May 23, 2022 [ET EnergyWorld] – Combined low-sulphur bunker sales in April fell 2 per cent from the previous month to about 548,000 cubic meters, Reuters calculations showed.

 

Sales of marine fuel in the United Arab Emirates’ Fujairah marine refuelling and oil storage hub dropped 4 per cent in April, official data showed, slipping to a two-month low.

April bunker sales volumes were about 665,000 cubic metres, according to the latest data from the Fujairah Oil Industry Zone (FOIZ), equivalent to about 636,500 tones, Reuters calculation showed.

In March, Fujairah bunkering volumes were at about 691,000 cubic meters.

Combined low-sulphur bunker sales in April fell 2 per cent from the previous month to about 548,000 cubic meters, Reuters calculations showed.

The share of low-sulphur sales to overall bunker volumes were at 82 per cent in April, compared with 81 per cent in March, Reuters calculations showed.

Sales of 380-cst high-sulphur fuel oil (HSFO) slipped to about 117,000 cubic meters in April, down 10 per cent from the previous month, while demand for the mainstream 380-cst very low sulphur fuel oil (VLSFO) Sales of low-sulphur marine gasoil (LSMGO) remained relatively unchanged in April around 33,000 cubic meters, while marine gasoil (MGO) volumes jumped 71 per cent from the previous month to about 1,900 cubic meters.

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