Thailand’s largest refiner, Thai Oil, will stop producing fuel oil from 2022 once it completes a $4-billion upgrade that will boost output of clean fuels, officials said.
The project is part of a growing trend among global refiners to produce more high-quality oil products instead of the heavy polluting fuel oil. Shippers, the biggest user of fuel oil, will likely drop it after 2020 to meet requirements set by the International Maritime Organization.
The upgrade will bring Thai Oil’s capacity closer to Royal Dutch Shell’s 500,000-B/D Bukom complex in Singapore, the oil major’s biggest wholly owned plant, while sharpening the Thai refiner’s competitive edge as brand-new complexes come online in Malaysia and Vietnam, analysts said.
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
12 - 15 Nov 2018
- Abu Dhabi, UAE
Join us for this key regional event.
11 Nov 2018
- Abu Dhabi, UAE
Training course by Dr. Kamel Ben-Naceur
5 - 6 Nov 2018
- The Hague, The Netherlands
Online Registration is Open!
29 - 31 Oct 2019
- Bali, Indonesia
Call for Papers is Now Open.
7 - 8 Nov 2018
- Austin, Texas, USA
This workshop is designed to exchange a wide range of perspectives, knowledge, and concepts around environmental stewardship in upstream unconventional resource development.
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2018 Society of Petroleum Engineers, All Rights Reserved.