ISLAMABAD – Over the issue of Oil and Gas exploration in Pakistan, PTIgovernment takes a big decision over refining oil inside the Pakistan.
The government is working on a multi-faceted strategy for achievingself-sufficiency in the crude oil refining sector.
“Currently, as many as six projects, investment initiatives and proposalsin oil refining sector are in pipeline and at different stages to purifyaround 1.110 million Barrel per Day (BPD),” said a senior official privy tothe petroleum sector development.
Under this strategy, the following refineries are being planned:
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– Oil refinery and petrochemical complex of 300,000 BPD oil capacity at Gawadar, Balochistan – PARCO’s 250,000 BPD Coastal Refinery at Hub, Balochistan – SINO Infrastructure Hong Kong Oriental Times Corporation’s (SIOT) 250,000 BPD Gwadar Refining & Industrial Park – Upcountry Deep Conversion Refinery and Crude Pipeline of 250,000-300,000 BPD oil in collaboration with Pakistan State Oil and Power China International Group – Falcon Oil Private Limited’s 40,000 BPD oil refining facility at Dera Ismail Khan – Khyber Pakhtunkhwa Khyber Refinery’s facility which will purify 20,000 BPD of oil in Kohat.
Currently, eight oil refineries including Pakistan Refinery Limited (PRL),National Refinery Limited (NRL), Pak¬Arab Refinery Limited (PARCO), AttockRefinery Limited (ARL), Byco Petroleum Pakistan Limited (BPPL¬I), BycoPetroleum Pakistan Limited (BPPL¬II), Enar Petroleum Refining Facility(ENAR¬I) and Enar Petroleum Refining Facility (ENAR-II) operate in thecountry.
