Trafigura seeks more regulatory support for green marine fuels (Business Opportunities - Other Business Ads)

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Trafigura seeks more regulatory support for green marine fuels


Trafigura is eager to make early-stage investments in green fuels to encourage maritime decarbonization, but regulators must improve emissions restrictions to make a low-carbon transition commercially viable, according to Rasmus Bach Nielsen, Global Head of Fuel Decarbonisation. Trafigura, in addition to being a significant trader, has set an aim of investing in 3 GW green hydrogen projects by the end of the business year 2029-30 (October-September), while also studying ways to power its enormous shipping fleet with low-carbon fuels. “In order to participate in the green transition, we are investing in early-stage projects to bring green fuels to the market,” Nielsen told S&P Global Commodity Insights in a recent interview. “We have also potential offtake opportunities from our own side.



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Target City : MUMBAI
Last Update : Jun 29, 2023 3:27 AM
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Item  Owner  : Roni Abraham
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2024-05-15 (0.223 sec)