BP marine retail marketing locations for 2020
BP Marine has announced that it will begin to retail low sulphur fuel that meets new MARPOL regulations limiting the sulphur content of marine fuels. BP is introducing a new very low sulphur fuel oil (VLSFO), with a maximum 0.5% sulphur content, following successful sea trials with fuel manufactured and supplied by BP in the Amsterdam/Rotterdam/Antwerp (ARA) and Singapore hubs.
Working closely with the International Maritime Organization, customers and partners, BP has developed a marine fuel offer that includes this new VLSFO along with marine gas oil and also high sulphur fuel oil for vessels that are equipped with scrubbers. BP intends to retail the new 0.5% sulphur VLSFO globally.
“BP supports the ambitions of MARPOL to reduce air pollution from ships and we have been actively working with partners to prepare for its introduction. We have undertaken a comprehensive test campaign, conducting ship-board trials of our new very low sulphur fuel. Following the success of these sea trials, and working closely with our customers, we believe we now have a robust commercial offer that will support customers in complying with MARPOL,” said Eddie Gauci, Global Head, BP Marine.
In order to manufacture a full range of MARPOL-compliant marine fuels, BP’s refineries have made a number of configuration changes to support the segregation, handling and storage of the fuels.
BP press office, London: +44 (0)20 7496 4076, email@example.com
In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’), BP is providing the following cautionary statement. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial conditions, results of operations and businesses of BP and certain of the plans and objectives of BP with respect to these items. These statements are generally, but not always, identified by the use of words such as ‘will’, ‘expects’, ‘is expected to’, ‘aims’, ‘should’, ‘may’, ‘objective’, ‘is likely to’, ‘intends’, ‘believes’, ‘anticipates’, ‘plans’, ‘we see’ or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under “Risk factors” and in any of our more recent public reports.
Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.