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| Galp to start VLSFO 0.5% deliveries in Portugal |
| IMO 2020-compliant VLSFO to be made available at all mainland ports from November 15. |
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| The 25 de Abril suspension bridge in Lisbon. Image credit: Pixabay |
| Updated on 13 Nov 2019 18:02 GMT |
| Physical bunker supplier Galp has announced that very-low-sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5 percent will be available for delivery at all of its mainland supply ports in Portugal from November 15. According to Galp, the latest development is the result of almost two years of research, during which the firm tested more than 160 different formulations. The new IMO 2020-compliant fuel is to be produced exclusively at the company's Sines and Matosinhos refineries, with deliveries carried out by truck, barge and by pipeline. Galp says it will also continue to supply a wide range of other marine fuels and lubricants. In addition to traditional and low-sulphur fuels, Galp also carries out LNG bunkering operations in Portugal. The company's maiden supply of LNG was reported to be a truck-to-ship delivery in Madeira to the AIDAprima back in December 2017. Latest VLSFO 0.5% pricing for the key ports of Lisbon, Setubal and Sines is already available for Bunker Index subscribers in addition to other fuel oil and distillate grades. At the time of writing, Lisbon VLSFO 0.5% levels are currently within a range of around +/- $6 compared to the EMEA region's daily average. |