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ExxonMobil invests heavily in 2020-fuel in Singapore

ExxonMobil makes multi-billon dollars investment in its refinery fecilities in Singapore to be able to deliver even more low-sulfur fuel, the company informs.

Photo: Ed Wray/AP/POLFOTO/arkiv

The upcoming sulfur requirements for shipping has made ExxonMobil carry out a considerable investment in its refinery in Singapore, the US company informs in a statement.

The expansion, which begins in the second half of 2019, will make it possible to increase daily production of low-sulfur fuel by 48,000 barrels. Among others, this involves the type of fuel that meets the IMO's requirements of sulfur content being maximally 0.5 percent.

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