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One of the world’s largest independent oil traders, Gunvor Group, plans to revamp its refinery in Rotterdam to adapt it to produce low-sulfur fuel oil that would be compliant with the new regulations on shipping fuel, Gunvor’s chief executive Torbjörn Törnqvist told Reuters. Gunvor plans to reconfigure its 88,000 barrels per day refinery in Rotterdam, in the Netherlands, in March next year, so that it could start producing the low-sulfur fuel oil (LSFO). “We will still produce high sulphur fuel oil but we will…