tiers—bunker, •Thecivil sector hasconsumed about 210 market, which bunker IFO Greece •The has storage for intermediate and finished prod- of 86 kb/d and a 27 kb/d visbreaker.with two Thevacuum plant units with aggregate capacity annually.mt TheCorinth refinery equippedis duceup to 8,200 mt per day and 3.00 million crudeslate,plantthe capacitythehas pro- to southwestAthens.of Depending runsandon d er h ct o Crnh Gec, 0 km Corinth, 80 Greece, of city the near ed Projects. The 200 kb/d MOH refinery is locat- ree n ognzd y xlo Energy Axelrod by organized and Greece Corporation Power of Public the byhosted 21-23, 2015. World Fuel Oil Summit VIII was World Fuel Oil Summit VIII in Athens on May ofMotor Oil (Hellas)’s Relina Kontoyiannis at Mediterranean basin, according analysis an to gasoil for bunker fuel and inland burningRMG in (orthe heavier) sulfurtype high producematerial to continue willas MOHwell as 0.1%S thesulfur content of refinery streams. As such, elected not to invest in units designed to reduce Motor Oil (Hellas) Not Planning to Invest in Sulfur Reduction of Refinery Streams m i a rcnl a 20 oig to owing thedeclining industrial production 2008 and as recently as in kmt 500 over from fallen consumption has LSFOyear.perofkmt civilThesector’s 480 kmt per year. some run has component whichgasoil 0.1%S The a hasGreece year. bunker market also per mt million 1.93 about mainly consists of 1.0%S product, has run Forthe time being Motor Oil (Hellas) has c ivil, a nd p owe r. biggest C suppliers — ORAL, and ETEKA. per hour. withfuela oil loading rate ofupto3,500 cm theability to load ships of up to 140 kmt dwt, percent.Fortheexportfuelof oil, MOH has Singapore 24 and percent 31 accounted for Arabia Saudi 2014, in RMG) (HS exports With oil. destination oil fuel MOH’s therespect fuel of to of mt and million 2.7 mt exported million 3 produced MOH 2014, Corporation, and 40 kmt for the civil sector.kmt for In bunkers, 690 kmt for the Public Poweramounted million 1.25 including mt, to 520 million1.6andLSFO. mtMOH’s local sales that amount, OfHSFO,wasSRFO,kmt350 kt150 oil. fuel of mt million 2.1 of total which 3 kcm is for fuel oil. minal, MOH has oil storage fuelcapacity which of 31 kcm of of accounts cm,for 440 millionkcm. At its truck 1.5 loading ter- of ucts Gec’ Pbi Pwr Corporation has Power•Greece’s Public Greece’s 1%S max fuel oil market has three substitutio

refiners, Privately-ownedMotor(Hellas)Oil theis The bunker market in Greece has three tiers re ilns epcal Cee and Crete Rhodes). (especially islands Greek year. PPC mainly consumes fuel oil in the perLSFOconsumedofkmt about970 n 04 Mtr i (Hellas) imported a Oil Motor 2014, In i ndustrial

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