RE: Diesel shortage6 May 2022 21:29
"With a worldwide shortage of diesel, refiners face a choice. Do they still produce HFO at similar volume but mark it up to account for the distillate, this surely then negates the economics for those using scrubbers, or plain sell the diesel and thus reducing HFO production."
The right thing to do would be to sell the diesel and use the residue that would have gone into HFO to instead make MSAR2. It's a win-win for them, at low cost.
"This is surely super positive for standard MSAR as the replacement for HFO, so not seeing an RNS on a regular occasion for Marine or Power generation for those who use HFO is very frustrating."
QFI have said many times that we are dealing with multiple huge entities on each project (except Morocco, which is why it first in line for power trials), and these huge entities are very slow moving. QFI have also chosen to select only a handful of projects, so that they can be handled with the current QFI resources, you won't see QFI signing up for loads of projects that they can't manage without a lot more staff and money. So expecting a continual flow of RNS is expecting too much IMVHO, you have to wait for the projects QFI are currently working on to see trial success and commercial agreements signed, before any new projects are considered.