UPDATE 1-Singapore plans to tighten controls in maritime fuel industry | Energy & Oil
* Singapore introduced flow metres for fuel oil in 2017
* May use flow metres at oil terminals under proposed rules
* Plans to extend metering to distillate fuels in 2019 (Re-casts, adds quote, bullet points, detail)
By Roslan Khasawneh
SINGAPORE, Oct 5 (Reuters) - Singapore plans to apply stricter control measures to the marine fuels sector, a move that industry sources say could boost transparency in a notoriously opaque industry.
Singapore was the first port to mandate the use of mass flow meters (MFMs) in 2017 for marine, or bunker, fuel oil sales from barges to the end-user vessels. The proposed measures would extend the use of MFMs to fuel transfers from oil terminals to the bunker barges.
Singapore is the world’s largest marine refuelling, or bunkering, hub and the city-state has implemented some of the industry’s strictest rules and standards. It reported record sales of marine fuels in 2017 of 50.6 million tonnes.
“The Technical Committee for Bunkering has submitted a proposal to the national standards body, Enterprise Singapore, for a new standard on quantity, measurement and sampling requirements for transfer of bunker fuel from oil terminals to bunker tankers using Mass Flow Metering,” Enterprise Singapore said in a statement on Thursday.
“This proposed standard complements existing standards to ensure transparent and fair trade in the bunkering ecosystem,” a spokeswoman said.
From July 1, 2019, Singapore will extend the mandatory use of MFMs to bunker barges deli....