In business: Initial run of Byco’s new refinery
New refinery, which has a crude oil processing capacity of 120,000 barrels per day, will be the largest in the country
Refinery is expected to produce about 1.6 million tons of HSFO, 2.4 million tons of HSD and 1.1 million tons of MS on an annual basis. PHOTO COURTESY: BYCO
KARACHI:
Byco’s newly-completed oil refinery successfully completed its initial run of about 48 hours and was able to produce on-spec high sulphur fuel oil (HSFO), high speed diesel (HSD) and naphtha. This initial run was conducted during the course of pre-commissioning and commissioning activities, said a press release.
The new refinery, which has a crude oil processing capacity of 120,000 barrels per day, will be the largest in the country. Based on full throughput, it is expected to produce about 1.6 million tons of HSFO, 2.4 million tons of HSD and 1.1 million tons of MS on an annual basis. As all these products are currently imported, production from this refinery is expected to help save foreign exchange for the country.
Published in The Express Tribune, January 15th, 2013.
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Byco’s newly-completed oil refinery successfully completed its initial run of about 48 hours and was able to produce on-spec high sulphur fuel oil (HSFO), high speed diesel (HSD) and naphtha. This initial run was conducted during the course of pre-commissioning and commissioning activities, said a press release.
The new refinery, which has a crude oil processing capacity of 120,000 barrels per day, will be the largest in the country. Based on full throughput, it is expected to produce about 1.6 million tons of HSFO, 2.4 million tons of HSD and 1.1 million tons of MS on an annual basis. As all these products are currently imported, production from this refinery is expected to help save foreign exchange for the country.
Published in The Express Tribune, January 15th, 2013.
Like Business on Facebook to stay informed and join in the conversation.