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fuel oil |
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fuel oil [′fyül ‚oil] (materials) A liquid product burned to generate heat, exclusive of oils with a flash point below 100°F (38°C); includes heating oils, stove oils, furnace oils, bunker fuel oils. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The deal covered a 100,000 b/d refinery at Corinth, southern Greece; a network of 700 service stations in Greece, with refined products marketed elsewhere in Europe as well; a crude oil supply arrangement for 80,000 b/d, which represented a four-fold increase in a Saudi term contract; and a stake for Saudi Aramco in MOH's storage of around 3m barrels and its international sales of automotive, jet and bunker fuels. With products selling well south of the border, Hoff became interested in other international markets, especially Latin America, where he knew there were problems with diesel and bunker fuels (heavy oils). The deal covered a 100,000 b/d refinery at Corinth, southern Greece; a network of about 700 service stations in Greece, with refined products to be marketed elsewhere in Europe as well; a crude oil supply arrangement for some 80,000 b/d, which represented a four-fold increase in an existing Saudi term contract; and a stake for Saudi Aramco in MOH's storage of around 3m barrels and its international sales of automotive, jet and bunker fuels. |
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