3 ms·
Bunker fuel isn’t used anymore.
by helloooooooo 3y ago
Bunker fuel isn’t used anymore.
- SoftTalker 3y agoWhat is done with it? It was my understanding that bunker fuel was basically the remains of crude oil after refining. Has refining improved to where there is no significant remainder in the process?
- bluGill 3y agoBunker is more like unrefined crude. It isn't completely unrefined as they will take out the really valuable parts, but they do minimal refining.
- amiga386 3y agohttps://www.iea.org/reports/oil-2021 https://www.iea.org/reports/oil-2021 > In 2020, due to the Covid crisis and a decline in international trade, bunker demand is estimated to have fallen by 4.3%. As the new IMO rules were introduced, we estimate that higher sulphur fuel oil (HSFO) consumption more than halved, to 1.1 mb/d as ship operators switched to marine gasoil and very low sulphur fuel oil (VLSFO) to comply. In the same document, it estimates global demand for residual fuel oil is about 6 million barrels per day (compared to around 100 million barrels per day for all oil products). That's a lot of consumption for something that "isn't used any more"