Japan’s Cosmo Oil to boost diesel output to meet demand from ships from 2020

25 Sep 2017   Japan

Japan’s Cosmo Oil plans to increase diesel output at its Sakai refinery in Osaka, looking to capitalize on an expected jump in demand when a global mandate for ships to switch to cleaner fuels kicks in from 2020, its top executives said. The company, wholly owned by Cosmo Energy Holdings, is considering adding units such as a desalter that will allow its 100,000-barrels per day crude distillation unit (CDU) to process more heavy oil and maximize diesel output from its delayed coker in Sakai, Cosmo Oil President Hisashi Kobayashi told Reuters on the sidelines of an industry event. “All of our three refineries will not produce any vacuum residue by the end of 2019,” Kobayashi said as the oil industry gathers in Singapore […]

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