Iranian Refineries Prepare for Supplying IMO-Compliant Shipping Fuel

To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on Jan 1, a refinery will start work in  Bushehr Province in the near future, managing director of Kharazmi Technology Development Company said.
“The company in cooperation with the Oil Industry Pension Fund, has indigenized the technology to produce the fuel,” Jalil Sobhani was quoted as saying by ISNA.
The first phase of the plant will produce 500,000 tons of low sulphur bunker fuels a year and output will double in the second phase, he said.