Explanation of figures used 1 million barrels per day was July 2014 figure ( issued by KSA ) 7.33 barrels per tonne = just fact = 136,425 tonnes Rule of thumb figure 150 tonnes used for 10,000 teu containership, slow steaming. This gives a nice approximate figure of 900 container ships. It not ramping it’s just an equation. It is a figure that nicely explains why KSA is important. We know from Orimulsion days that our type of fuel will have no problems being used in thermal power… Read More
Everyone knows by now the huge size of the markets MSAR is targeted for. While Marine use in total is twice the volume compared with Thermal power stations, the use of oil in power station is concentrated in a relatively small number of very big plants. If we take JUST the KSA the OLD figures of approximately 1 million barrels of oil per DAY is probably a conservative figure today. So if we use 7.3 barrels per tonne we get 136,425 tonnes. With a BIG container ship using 150 tonnes per day… Read More
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