The European refineries will likely be able to meet the European demand for low sulfur fuel oil with a 0.1 percent sulfur content.
Capacity at European refineries has between 2009 and 2015 - when the SECA zones in Northern Europe and North America will come into force - received additional investments of up to USD 30 billion, said Executive Officer Daniel Leuckx of the European refineries' organization FuelsEruope recently in relation to the IBIA Conference in Hamburg.
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