HPCL Launches Very Low Sulphur Fuel Oil for Shipping Industry on 2nd January 2020, at Visakhapatnam
by Samiksha
Hindustan Petroleum
Corporation Limited (HPCL) launched IMO-2020 compliant Very Low Sulphur Fuel
Oil (VLSFO) at Visakhapatnam on 2nd January 2020 at the hands of
Shri Mukesh Kumar Surana, Chairman & Managing Director in presence of Director
– Refineries, Shri Vinod S Shenoy, Director – Marketing, Shri Rakesh Misri,
Executive Director – Direct Sales, Shri Ajit Singh and other top officials. The
first batch of VLSFO is already produced in Visakh Refinery of HPCL in early
December 2019, ahead of the deadline of 1st January 2020.
Shri Surana said that
HPCL has always been in the forefront of providing cleaner and sustainable
solutions. From 1st January 2020, the International Maritime
Organization (IMO) has enforced a 0.5% global Sulphur cap on fuel for areas
which till 31st December 2019 were allowed to use fuel oil with 3.5%
Sulphur. In these areas, all ships are now required to use fuel with a
maximum Sulphur content of 0.5%, unless they use exhaust gas cleaning systems
like Scrubbers.
Shri Surana brought
out that HPCL’s VLSFO will help the shipping companies to respond to the
tightening regulation on Sulphur dioxide emissions by offering this IMO-2020 compliant
marine fuel. The product meets the Residual Marine Grade (RMG) 0.50 Specification
and ISO 8217:2017 standard requirements. This fuel also meets all quality
guidelines detailed by the International Organization of Standardization in its
recently released ISO 23263:2019 standard.
HPCL owns
and operates two major Refineries strategically located in Visakhapatnam on the
east coast and Mumbai on the west coast. To continue with its commitment
towards environment protection, HPCL has undertaken measures at both the
refineries to produce BS-VI compliant transport fuels before the stipulated
schedule. In addition, both refineries have also taken up ambitious expansion
projects to increase Visakh Refinery capacity from 8.33 to 15 MMTPA and Mumbai
Refinery capacity from 7.5 to 9.5 MMTPA. HPCL has a 11.3 MMTPA Joint Venture
Refinery (HMEL) at Bhatinda in Punjab. It is also establishing another 9 MMTPA
Refinery & Petrochemical Complex at Barmer in Rajasthan. HPCL has the
largest lube refinery in India at Mumbai and owns second largest cross country
petroleum pipeline network and a vast marketing infrastructure in the country.
HPCL is committed to
consistently achieve the economic, ecological and social responsibility
objectives of sustainable development through varied operations in all its
business activities.
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