Basque Maritime Magazine 55_2020

ADIMDE NEWS 19 REPSOL VLSFO BUNKER Repsol has one of Europe’s most competitive refinery sys- tems and one of the most ac- tive marketing teams of those products on the market in or- der to meet the demand for the new marine fuel with lower sulphur content. The company manufactures this new type of marine fuels at its refineries in Spain and Peru, and markets low-sulphur fuel oil from bar- ges at the ports of Algeciras, Barcelona and Valencia. Inter- nationally, the fuel oil is distri- buted in Callao (Peru), Singa- pore and Panama. In June, Repsol also embarked on the tank distribution of VL- SFO (Very Low Sulphur Fuel Oil, bunker 0.5% sulphur) at different ports of northern (A Coruña, Ferrol, Vilagarcía de Arousa, Marín, Vigo, Avilés and Gijón) and southern Spain (Huelva, Cadiz, Algeciras, Ta- rifa, Seville, Malaga, Motril and Almería). The company plans to extend this network of ports in the future. Repsol’s focus has been on sta- bility and compatibility, pro- perties that lead to high quali- ty fuels already known on the market and widely accepted. Furthermore, a rigorous safe- ty protocol and agreed at all levels is followed, and with an emphasis on guaranteeing the quality. The company likewise con- tinues to offer marine gas oil (MGO), an alternative fuel compatible with the new IMO 2020 regulation, of the International Maritime Or- ganisation.” REPSOL AND PETRONOR WILL EMBARK ON TWO CUTTING-EDGE DECARBO- NISATION PROJECTS IN THE BASQUE COUNTY. The Repsol CEO, Josu Jon Imaz, has unveiled two cu- tting-edge industrial decar- bonisation projects that the company will develop with the participation of interna- tional and national partners, including Petronor and EVE. These two decarbonisation projects will be located at the Port of Bilbao and its su- rrounding areas and will in- volve an initial investment of around €80 million.