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BP Marine expands global supply network with new port

BP Marine today confirmed it is adding Valencia, Spain to its global portfolio of ports.

 

Valencia, which is the second largest commercial port in the Mediterranean, represents a strategic expansion in the supply of marine fuel for the business. BP will operate a dedicated bunkering barge at its new portfolio port, with a capacity of 4000 metric tonnes.

 

Through its new facility, BP Marine will supply customers in Valencia with Marine Gas Oil (MGO) 0.1% - a compliant fuel under the MARPOL 2020 Global Sulphur limit (0.5%), which comes into force on January 1, 2020. The barge will load the fuel from BP’s Castellon Refinery, which is located approximately 75km north of Valencia.

 

Following the introduction of low sulphur limits, lighter marine gasoil MGO is expected to account for the majority of marine fuel usage.  Use of the fuel should require no additional investment by customers and should not generally require any new operating procedures.  Additionally, MGO can be used in the Port of Valencia and in Europe and Central Asia (ECA region).

Fuel incompatibility is one of the main challenges our customers are faced with as the industry is shifting to cleaner fuels. Our early market entry with MARPOL 2020 compliant marine fuel demonstrates BP Marine’s commitment to the industry and vessel owners to ensure availability with enough lead time to allow for a smooth transition to low sulphur fuel. We believe that an offer of the low sulphur marine gasoil variety DMA in the region will benefit our customers and the region.Eddie Gauciglobal head of BP marine

Customers wishing to find out more should refer to BP Marine or contact bpmarineeurope@bp.com

 

Notes to editors:

  • BP Marine is part of BP’s supply and trading business and has been operating and delivering marine fuels for almost 100 years
  • BP Marine operates ones of the world’s largest port networks for fuel supply, operating across 50 ports globally, with regional offices located in Europe, South Africa, Australia and Asia