01AUG2019 - NEWS - Indonesia's IMO 2020 pushback raises concerns of wider non-compliance

Indonesia's backtracking on IMO 2020's January 1 target for sulfur caps on domestic shipping raises the specter of wider non-compliance, as the marine fuel regulation becomes increasingly disruptive and policymakers seek to control its economic fallout, executives said at a gas conference in Jakarta this week. It also signals key issues faced by oil refineries including the lack of an outlet for excess high-sulfur fuel oil and the absence of a cohesive strategy and investment among national oil companies to tackle the new regulations in developing countries.