18JUL2019 - NEWS - New low-sulphur shipping rules now expected to be 'non-event' for Canadian heavy oil

Canada’s heavy oil producers have been through too much to be distressed by the International Maritime Organization’s new rules limiting sulphur content in marine fuels, particularly as demand for their barrels surges on the U.S. Gulf Coast, says MEG Energy CEO Derek Evans. IMO 2020, as it is known, takes effect January 1, 2020, dropping the allowed sulphur content limit of shipping fuel from 3.5 percent to 0.5 percent.