Sinopec Fuel Oil Singapore, a system of Asia's largest refiner staterun Sinopec , appointed on Monday oil trader Kua Aik Hong as its trading director to more boost its trade volumes in the world's biggest bunkering hub.

Kua signed up with the business from Hengli Petrochemical International, where he was formerly the head of derivatives trading. He has more than 17 years of experience in oil trading, having operated at BP and ExxonMobil Asia Pacific formerly.

His experience in oil trading will assist Sinopec to reinforce the trading group's capability to broaden connections with more international market gamers and organization partners, the company said.

He is likewise expected to assist Sinopec Fuel Oil Singapore expand its organization beyond Asia to places such as the United Arab Emirates' bunkering hub Fujairah, Sri Lanka, and establish sell other relevant items, the company said.

The company trades fuel oil and other products with a. combined trading volume surpassing 13 million metric heaps in. 2023, consisting of 4.7 million lots for bunkering.

Sinopec Fuel Oil Singapore became the third biggest bunker. supplier in Singapore in 2023 after its moms and dad company, Sinopec,. won a license from the Singapore Maritime and Port Authority to. supply marine fuel.