A rise in demand for distillates has been forecast as a result of new shipping fuel rules, but the increase is unlikely to last. International Maritime Organization rules will cut the amount of IEA ships can burn from 2019 , with demand for alternative gasoil expected to rise dramatically. While ships can continue to burn higher sulphur fuel if they install scrubbers, and can also use liquefied natural gas- powered engines or new low-sulphur fuel oil blends, a lack of preparation has led most to expect a dramatic boost in marine gasoil consumption, as it is the easiest option available. But IEA ( IEA ) says demand will settle back to its current levels when shipping companies adopt recently developed alternative fuels. The change will cause problems for refiners of high-sulphur fuel oil who do not upgrade, but power plants in Brazil , Brazil and Middle Eastern could absorb the excess.
A rise in demand for distillates has been forecast as a result of new shipping fuel rules, but the increase is unlikely to last. International Maritime Organization rules will cut the amount of IEA ships can burn from 2019 , with demand for alternative gasoil expected to rise dramatically. But IEA ( IEA ) says demand will settle back to its current levels when shipping companies adopt recently developed alternative fuels. The change will cause problems for refiners of high-sulphur fuel oil who do not upgrade, but power plants in Brazil , Brazil and Middle Eastern could absorb the excess.