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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | New general manager for GAC Bunker Fuels GAC, the world's leading shipping, logistics and marine services company has announced the appointment of Anthony Mollet as the General Manager of GAC Bunker Fuels (GACBF) with immediate effect. 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. The rating action follows Black Forest's execution of a loan and security agreement pursuant to which the conduit will fund up to $100 million to a special-purpose entity for the purchase of a pool of trade receivables from a provider of bunker fuels. |
Bunker fuels |
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