Sinopec offers owners straight-run compliant fuel, sources say
Chinese giant will provide a product requiring no blending that could be used directly as a marine fuel to meet the International Maritime Organization’s 0.5% sulphur cap. Sinopec holds talks with large owners to lock in purchases before moving to production
The offered fuel is a residue from the distillation of higher quality crude oil. Sinopec is in negotiations with owners about the fuel’s price and specifications
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