Hellenic Petroleum, one of the leading energy groups in south-east Europe, will be ready to deliver IMO-compliant fuels to the Greek shipping market come January, easing concerns about eventual shortages.

The state-led company successfully ran its main Aspropyrgos refinery in IMO test-mode last month to produce 0.48%-sulphur content fuel oil, managers told analysts during a conference call.

We are now ready to start the production of the new grade and we plan to start doing so during the fourth quarter, most probably in November

Konstantinos Panas

“We are now ready to start the production of the new grade and we plan to start doing so during the fourth quarter, most probably in November,” Konstantinos Panas, Hellenic's general manager...