Replies to post #118717 on MMEX Resources Corp (MMEX)

[I FAR I]

MMEX...IMO 2020 compliance requires 0.50% (5,000 ppm) or 0.10% (1,000 ppm) sulfur limits!

West Texas intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. This grade is described as light crude oil because of its relatively low density, and sweet because of its low sulfur content.


WTI is a light crude oil, with an API gravity around 39.6 and specific gravity about 0.827, which is lighter than Brent crude. The API rates light oil as 41° API. WTI contains about 0.24% sulfur, thus is rated as a sweet crude oil (having less than 0.5% sulfur).

From 1 January 2020, the limit for sulphur in fuel oil used on board ships operating outside designated emission control areas will be reduced to 0.50% m/m (mass by mass).

"WTI and WTI-Light would need de-sulfurization to meet IMO 2020 (or any other transportation / combustion fuel) standard. That much is certain"

Hmmmm, now that is some "utter, total, complete B.S." - That much is certain...lol

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