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Tag: Bunker Fuel

Platts: Egypt exporting bunker fuel to Europe, using domestic gas for generation – traders

Posted: March 4, 2018 at 8:46 pm   /   Oil & Gas

Egyptian General Petroleum Corp., which formerly imported high sulfur fuel oil from Europe, is now exporting bunker fuel, adding to oversupply in the European market, as Egypt’s generation needs are now met by domestic natural gas, traders said Friday. “Egypt used to import much more fuel oil than now, so while I appreciate there are […]

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