Adnoc ultra low sulphur diesel term exports likely from mid-2013

State-owned Abu Dhabi National Co (Adnoc) will likely skip term exports of the ultra-low sulphur diesel until the middle of next year, due to a secondary unit shutdown, industry sources said yesterday.

Adnoc was expected to offer the cleaner diesel with 10 parts-per million (ppm) sulphur through term contracts for the whole of next year, but this will likely be pushed to June or July at the earliest, one of the sources said.

The refiner is planning to shut a secondary unit at its 415,000 bpd Ruwais refinery, which produces cleaner diesel fuel and is part of its “green diesel project”, in the first quarter of next year, the source added.

Adnoc is unlikely to offer spot exports of the fuel until at least April, the source said.

It has been offering the cleaner diesel fuel for exports in the spot market since late June, after it installed a new hydrocracker and diesel hydrotreating units, which remove sulphur from heavy fuel oil or crude oil.

The company had term contracts to export about 600,000 tonnes of gasoil a year with a higher sulphur content of 5,000 ppm until the end of last year.