19-12-2012
Byco announces completion of the country’s largest oil refinery
Byco Oil Pakistan Limited today announced the completion of the country’s largest oil refinery at Mouza Kund, District Lasbella, Balouchistan. At present the Refinery is in state of pre-commissioning and preparatory activities wherein different Plants, Equipment & Instrumentation are being put to confirmatory checks and tests. Cold circulation of crude oil has already been established and sustained. Also Furnaces of different Process Units have been test fired. The Refinery is ready for hot commissioning and start up.
This newly commissioned petroleum Refinery will have an installed refining capacity of 120, 000 barrels per day. Combined with existing and fully operative smaller Refinery, the cumulative capacity shall be over 155,000 barrels per day which is 55% higher than the existing largest refinery in Pakistan. Thus it will enhance overall crude oil refining capacity in the country from existing 12.25 to 18 million tons per year and will significantly contribute in reducing import of deficit refined petroleum products in the country. This Refinery can be further expanded up to 180,000 bpd.
On this occasion, Mr. Qaiser Jamal, CEO, Byco Oil Pakistan Limited, stated, “This milestone, for sure, has been made possible with sheer hard work of our Employees and support & cooperation of all our valued contractors. Upon commissioning this Refinery, with the blessings of the Almighty, will become the single largest in the country.”
Along with this new Refinery, the Country’s first Isomerisation Plant is being Commissioned. The introduction of isomerisation technology in Pakistan will not only enable this Refinery to produce higher volumes of motor gasoline to meet Country’s demand but this will be the first environment friendly motor gasoline, with almost nil content of Benzene.
The first parcel of crude oil for this Refinery will be brought to the Country’s first single point mooring installed 10km into the Arabian Sea for direct discharge to the Refinery storage tanks. This facility can discharge tankers carrying over 100,000 metric tons of crude oil.
With an investment of significantly over $600 million and rising, Byco also operates a fast growing petroleum marketing business network comprising of 222 retail outlets.
Mr. Amir Abbassciy, CEO of Byco Industries Incorporated, parent company of Byco’s operating companies in the country said, “These are the first significant steps toward achieving our aim to be in integrated oil to chemicals and related infrastructure businesses. May Allah bless our future endevours as we progress onwards.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s ...
07-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024
-
TotalEnergies and Sinopec strengthen cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and ...
07-05-2024
-
IPP enters agreement to market ammonia, methanol and melamine plants in Ludwigshafen
BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have entered an agreement to market ammonia, ...
06-05-2024