SINGAPORE Dec 21 Karachi-based Byco Oil said it
had completed Pakistan's largest oil refinery at Balouchistan
with a capacity of 120,000 barrels per day, which is expected to
reduce the country's imports of oil products.
The new refinery, manufactured in the UK and assembled in
Pakistan, is currently in the pre-commissioning stage, with
tests being done on various equipment, the company said on its
website. Byco Oil is the parent company of listed Byco Petroleum
"It will enhance overall crude oil refining capacity in the
country from an existing 12.25 to 18 million tonnes per year and
will significantly contribute in reducing a shortage of refined
petroleum products in the country," the statement read.
Byco officials could not be reached for comment.
The new plant will more than triple Byco's current capacity
of 35,000 bpd at its existing refinery.
The refinery can be further expanded up to 180,000 bpd, the
An isomerisation plant to produce higher volumes and cleaner
motor gasoline is also being commissioned with the refinery.
Pakistan operates five other refineries, the largest of
which is Pak-Arab Refinery's 100,000 bpd plant.
Pakistan State Oil, a major oil importer in the country,
imports about 250,000 tonnes of diesel every month through term
volumes, they added.