Initial Run of Byco’s New Refinery
January 14, 2013
Byco’s newly completed oil refinery successfully completed its initial run of about 48 hours and was able to produce on-spec HSFO, HSD and Naphtha. This initial run was conducted during the course of pre-commissioning and commissioning activities. Following this activity, the new Refinery will shortly be put to continuous 72 hours trial run. This is yet another milestone achieved which is a step forward towards smooth and safe commercial production.
Mr. Qaiser Jamal, CEO, Byco Oil Pakistan Limited, said, “This is yet another significant achievement by our Commissioning and Operations Teams. With the blessings of Almighty Allah, we are close to the commencing of commercial production from country’s largest oil refinery.”
The new refinery with 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 on annual basis about 1.6 million tons of HSFO, 2.4 million tons of HSD and 1.1 million tons of MS. As all these products are in deficit and are being imported therefore, production from this new Refinery will replace import and thus help save foreign exchange for the Country.
Byco group has already installed and commissioned the first ever SPM in the country. This is located at approximately 10.5 kilometers into the Arabian Sea, off the Refinery’s Mouza Kund Site, in Balouchistan. The SPM facilitate larger sized tankers to take berth and meet the crude oil processing requirement of the two Byco Refineries.
About Byco
Headquartered in Karachi, Byco is an emerging energy company engaged in the business of oil refining, petroleum marketing, chemicals manufacturing and petroleum infrastructure logistics.