To promote green shipping globally and meet IMO’s 2020 

global sulfur limit, China’s major oil companies have all 

introduced tailored production plans and solutions for 

LSFO. For example, in 2019, Sinopec announced that its 

annual production capacity for low sulfur heavy marine 

fuels would reach 10 million metric tons in 2020 and 

over 15 million metric tons by 2023. To meet this target, 

Sinopec has made changes to ten subsidiary refineries 

in the Bohai Sea Rim, Yangtze River Delta, and South 

China. Likewise, CNPC announced that it was preparing 

its refineries to produce a targeted four million metric tons 

of LSFO each year. As of April 2020, refineries operated 

by Sinopec, CNPC, CNOOC, and Sinochem as well as 

some of the independent refineries had successfully 

produced low sulfur heavy marine fuels that meet national 

standards.

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