25JUN2019 - NEWS - Vitol building oil refinery in Malaysia to meet new ship fuel rules

Vitol, the world’s largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships. The project consists of a crude distillation unit (CDU) that can process 30,000 barrels per day of crude and is located on the same site as Vitol’s oil storage terminal at Tanjung Bin in Johor. A construction unit under China National Petroleum Corp (CNPC) is handling the project which will involve moving a second-hand CDU from China to the site. The project is expected to be completed in May 2020 and will augment Vitol’s refinery in Fujairah in the United Arab Emirates (UAE) in providing low-sulphur fuel oil for ships.