IMO Regulation: FG Charges Operators on $2bn Bunker Fuel Market

Indonesia Berita Berita

IMO Regulation: FG Charges Operators on $2bn Bunker Fuel Market
Indonesia Berita Terbaru,Indonesia Berita utama

Eromosele Abiodun The federal government has charged modular and other refinery operators as well as fuel suppliers in the country to harness the $2 billion bunker fuel market in Africa, as the reg…

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Eromosele Abiodun

The NIMASA boss said the agency was determined to ensure availability of marine fuels that comply with the regulation by the International Maritime Organisation limiting the sulphur in the fuel oil used on board ships to 0.50 per cent m/m . “I make bold to say that we have all it takes to be the bunker fuel hub for Sub-Saharan Africa. There is a $2 billion bunker fuel market in Sub-Saharan Africa waiting to be harnessed by our business men and women.”

In their contributions, representatives of the refineries and fuel oil suppliers pledged their cooperation with NIMASA and other relevant government agencies in the attempt to make the required fuel accessible.

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