IMO 2020 – Are you ready? Debate with the Specialists!
Euro Petroleum Consultants are delighted to announce this focussed event to help the industry plan their strategy and implementation in time for 2020. With the deadline looming for the implementation of the bunker fuel regulations it is imperative for both the refining and shipping industry to work together towards compliance for 2020.
The new IMO regulation cuts the maximum amount of sulphur emissions to 0.5 percent from 3.5 percent, meaning that ships without scrubbers have to burn lower-sulphur fuels such as marine gas oil or ultra-low-sulphur fuel oil. Experts say this will cut fuel oil demand by anywhere from 1.7 MMbpd to 3.5 MMbpd.
This will also have a significant impact on refinery configuration and operations. To reach compliance, substantial investment in upgrading fuel oil residues to gas oil grades will be needed, however there are alternatives such as:
- Reduction of residue production through changes in crude slate
- Residue destruction (i.e. not produce fuel)
- Desulphurization of residues and blending with low sulphur gas oils
Whilst any regulatory compliance always provides challenges it can also offer many opportunities. We will discuss the highs, lows and potential international and regional impact on margins and crude prices.
IMO 2020 – Are You Ready? Debate with the Specialists!
will bring together the 4 core groups that are directly involved with this issue:
- Refiners
What are the strategy options and the timeline for compliance? - Technology and solution providers
How can they help and what lead times are required for implementation along with levels of investment needed? - Shippers
How are they planning to address the issue? Low Sulphur / high cost or High Sulphur and scrubber installation? - Government / legislation
How will the regulation be enforced and what support if any is available?
Our esteemed panellists and speakers will discuss and debate with delegates in an interactive format, sharing knowledge and insights into how IMO 2020 will shape the bunker fuels market and affect the industry as a whole; along with valuable networking opportunities, this important event will provide an unrivalled opportunity to gain valuable information on this vital topic.
Topics to be discussed:
- The Bunker fuel market of today and beyond
- Regulation review – current situation and challenges. What are the real implications of IMO 2020?
- Industry viewpoints to include refiners, crude oil producers and ship-owners
Solutions and economic / environmental impact
- Case studies showing refining process solutions
- Change crude slate – available tools and case studies
- Alternatives to LS bunker
- Methanol as a bunker fuel
- Scrubbers – no silver bullet
- Disruptive residual oil
- Bio-fuels
Event Name: IMO 2020
Event Date: 16th October 2018
Event Venue: London, United Kingdom
Event Organizers: Euro Petroleum Consultants
URL: https://europetro.com/
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