European refineries ready for sulfur regulations

While European refineries report ready for complying with the European demand for 0.1 percent sulfur oil, there is far more uncertainty about the global requirement for 0.5 percent.

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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