Bunker one will support the offshore bunkering operation approximately 50 nautical miles off the coast of Itaqui in Brazil with the deployment of a tanker

Marine fuel supplier Bunker One has expanded its offshore operations to northern Brazil with the deployment of a tanker to supply low sulfur fuel oil (VLSFO) and low sulfur marine gas oil (LSMGO).

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Brazil is a strategic point in the offshore industry

“Brazil continues to be of strategic importance to Bunker One and the global offshore market. The expansion of our presence to the north of Brazil is in line with our ambition to strengthen our position in the Americas. This region is of vital importance for Brazilian commodity exports, and our presence there will provide our customers with more flexibility in terms of bunkering options on their travels,” said Flavio Ribeiro, managing director of Bunker One Brasil.

Bunker One entered Brazil for the first time in 2017 and is present in the port of Rio de Janeiro

Peter Zachariassen, CEO of Bunker One, commented: “I am delighted that we are able to maintain momentum and move forward with our plans to expand our operational reach in the offshore market with the deployment of the tanker. As we continue with our ambitious growth plans, we will, of course, remain dedicated to our business partners and maintain our strong focus on providing our customers with the highest quality services.”

Tanker in the Brazilian offshore market

Oil companies want to include tankers in BR do Mar. The Brazilian Institute of Petroleum, Gas and Biofuels (IBP) sent a letter to the Ministries of Economy and Infrastructure asking the government to evaluate the inclusion of tankers in the BR do Mar project, a promise by the Bolsonaro government to encourage cabotage navigation in Brazil .

The IBP, which represents the oil companies installed in the country, assesses that the current rules can lead to a bottleneck in the flow of oil and natural gas production, with a risk of negatively impacting the increase in production and exploration in the sector.

Brazil currently produces around 3 million barrels per day, mostly offshore, with emphasis on pre-salt fields, which already represent more than 60% of total production. In the case of platforms without connection to land terminals, as in the case of the large pre-salt fields, this oil is moved by shuttle tankers.