Asia/Pacific News
Orion Bunkers Inks MGO Supply Deal
Wednesday January 18, 2023
Pakistan physical marine fuel supplier Orion Bunkers says it has signed an exclusive MGO supply deal with a local refinery.
The move should help ease both availability and price concerns for LSMGO in Pakistan, Zishan Arshad, Director Bunkers, told Ship & Bunker.
"The LSMGO is sold against DMA 2010 specs and at the moment indications are around $1095/mt - so far the cheapest in the region," Arshad added.
For comparison, LSMGO in Fujairah is currently around $1170/mt, according to Ship & Bunker data.
The physical supplier recently switched its principal entity to Dubai-based Orion Bunkers DMCC as well as updating its main contact email address.