Cosco’s $600m LNG tanker investment linked to US export projects
A first batch of 6,000 tonnes of compliant fuel has been delivered by the giant’s facilities in Shanghai for testing. The refiner will boost output later on, especially from October onwards, if feedback is good and demand improves, sources say
The fuel offered for test use is said to be higher priced than some owners expect as the refiner needed more time to streamline production and increase capacity