Singapore Says Glencore Was Supplier of Tainted Fuel

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Preliminary investigations by Singapore authorities into reports that tainted fuel had been sold to several ships found that Glencore supplied the fuel.

Glencore Singapore Pte informed the Maritime Port Authority that, on receiving reports of its fuel being contaminated, the company tested its blended product and found that one sourced from overseas was tainted. At the time of testing, Glencore had sold part of the affected fuel to PetroChina Co., which then supplied ships in Singapore, the MPA said in a statementBloomberg Terminal Wednesday.