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Pakistan Refinery appoints UK based Contractor for FEED to double its capacity: PSX

admin-augaf by admin-augaf
May 20, 2022
in Business, Finance
Reading Time: 1 min read
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PRL to appoint International contractor for FEED study of refinery upgrade and expansion: PSX

PRL Profitability Surge 13 times to Cross its Market Cap

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Karachi May 20 2022: Pakistan Refinery Limited has signed an agreement with Wood Group UK Limited on May 19 2022, appointing them as the Front End Engineering Design (FEED) Contractor for the Refinery Expansion and Upgrade Project (REUP), according to company filling to the exchange.

This project will increase the crude processing capacity from 50,000 barrels per day to 100,000 barrels per day and significantly reduce High Sulphur Furnace Oil (HSFO) to less than 5% and maximize products on High Speed Diesel (HSD) and Motor Spirit (MS/Petrol) meeting with EURO V specification.

Tags: PRLRefinery
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