S&P Global will discontinue its 3.5% IFO 380 bunker assessment in Callao, Peru

S&P Global Commodity Insights will discontinue its 3.5% IFO 380 bunker assessment in Callao, Peru, effective July 1, 2022.

The reconfiguration of the Talara refinery in Callao is expected to drastically reduce the production of residual fuel oil in the country. Based on the modernization that is set to complete in April 2022, sources have said bunker suppliers will only sell marine fuel 0.5%S bunker and marine gasoil in Callao.

Sources also said there has been no HSFO available for sale since early-2020.

The decision affects the following assessment:

Platts Bunker FO 380 CST 3.5% Dlvd El Callao: PUAYP00

The assessment appears on Platts Global Alert page 870 and in Platts Bunkerwire.

Please send all questions and comments to oilgroup@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon request.