LPG trader and importer, Astomos Energy and oil company, Inpex have announced they reached an agreement to supply B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos in the United Arab Emirates.
Over the next several months, Inpex will supply B24 biofuel to the VLGC through a bunker vessel operated by Monjasa1 at Khor Fakkan port in the UAE emirate of Sharjah. This will be the first instance in which biofuel is supplied to a VLGC in the Middle East.
B24 biofuel consists of 24% fatty acid methyl ester (FAME2) and 76% very low sulphur fuel oil (VLSFO), a conventional bunker fuel. Dubai-based Neutral Fuels3 will produce the FAME from waste cooking oil collected from restaurants and hotels in the UAE. Monjasa will supply the VLSFO and blend it with the FAME.
The use of B24 biofuel is expected to reduce CO2 emissions by 15/20% compared to conventional bunker fuel. The FAME is certified by the international sustainability and carbon certification system, which guarantees the sustainability of its sources.
