Vitol completes inaugural biofuel supply within the UAE.
Vitol has efficiently accomplished its first biofuel deliveries in Fujairah, demonstrating its ongoing dedication to sustainable gas options.
By means of its wholly-owned bunker arm, Vitol Bunkers, two vessels obtained B24 VLSFO on December 8th and 14th.
The gas was sourced from its Fujairah-based refinery FRL and blended with regionally-sourced biofuel at VTTI storage amenities.
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Licensed biofuels are anticipated to play a key function in serving to the hard-to-abate maritime sector to decarbonise and cut back greenhouse fuel (GHG) emissions on a well-to-wake foundation, can actively cut back a vessel’s Carbon Depth Indicator (CII), and rely as a zero CO2 emissions issue as soon as delivery joins the EU’s Emissions Buying and selling System [ETS] in 2024.
The deliveries coincided with COP28. Â Vitol Bunkers thanks the port of Fujairah and the federal government of the UAE for his or her progressive sustainable insurance policies that enabled the supply to happen.
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Vitol completes inaugural biofuel supply within the UAE, December 19, 2023
