State run oil company BPCL has exported its first parcel of IMO 2020 grade Very Low Sulphur Fuel Oil (VLSFO) shipping fuel from Kochi to Singapore. Kochi Refinery had started production of VLSFO in December 2019. International Maritime Organization (IMO) has laid down very stringent standards aimed at preventing pollution from marine and shipping operations. This has increased demand of VLSFO in the international market and BPCL is cashing in to this demand.
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