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Attock Refinery to Invest $500 million for Up-gradation and New Deep Conversion Refinery

admin-augaf by admin-augaf
October 13, 2022
in Business
Reading Time: 2 mins read
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Islamabad 13, October 2022: Attock Refinery Chairman Mr Shuaib A. Malik in annual review note has said that our Company the investment would be in the range of US$ 500 million once policy is approved. This kind of investment cannot be materialized without the Government’s support and conducive investment environment.

ARL has plans to install a stateof-the-art new deep conversion green- field refinery of 50,000 BPD capacity, if sustainable enhanced supplies of local crude from north become available and necessary support is received from the Government.

In order to achieve upgradation, the Company has planned to install a Continuous Catalyst Regeneration (CCR) Unit for further improvement of PMG pool octane, elimination of both octane boosting additives and naphtha. The Licensor Front End Engineering Design (FEED)/Basic Engineering Design Package (BEDP) for CCR Platforming Unit has been completed by M/s Honeywell UOP, USA. The project aims to enhance PMG production and to meet Euro-V specifications.

A revamp feasibility study of ARL’s DHDS unit for production of Euro-V specification (10 ppm Sulphur max) diesel at enhanced capacity has been completed by the unit Licensor. The study outcome suggests that required objectives can be achieved with the revamping of the unit. Work on Licensor Front End Engineering Design (FEED) is in progress by Honeywell UOP.

In order to address reduced demand of Furnace Fuel Oil (FFO) and as per directions from the Government, all the refineries are considering a Joint Venture for Bottom-of-the-Barrel (BOB) Upgradation project. Feasibility study for the Joint BOB Upgradation project of the refineries is in progress and is being done by a renowned international consultant.

ARL has plans to install a stateof-the-art new deep conversion green- field refinery of 50,000 BPD capacity, if sustainable enhanced supplies of local crude from north become available and necessary support is received from the Government.

Tags: InvestmentRefinery
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