hot sale latest technology oil refinery projects in pakistan
- Use: edible oil
- Type: edible oil refinery equipment
- Production Capacity: 1TPD-1000TPD
- Model Number: cooking oil production line
- Voltage: 380V
- Power(W): according to capacity
- Dimension(L*W*H): various with capacity
- Weight: changed with capacity
- Certification: CE and ISO
- Raw material: Vegetable Seed
- Product: to make crude cooking oil or refined cooking oil
- Solvent name: n-hexane
- Capacity: from 5T to 2000T cooking oil production line
- Oil content in Sunflower: about 44-55%
- Oil residues: less than 1%
- Function: getting cooking oil and refining it
- Manufacturing experience: 19 years experience in edible oil field
- Material of equipment: stainless steel and carbon steel
- Market: pakistan
PAKISTAN OIL REFINING POLICY FOR UPGRADATION OF EXISTING
crude oil is processed to produce multiple energy and non-energy products (Petrol, Diesel, JP-1, JP-8, Kerosene, Furnace Oil, LPG, lubes, bitumen, wax, etc.) Despite being integral to the growth of the economy, no new refinery project has materialized in Pakistan since more than a decade and only two refineries have been added in the last 40 years.
The oil produced at the refinery will meet international standards, equivalent to European production, and serve the growing domestic demand for oil in Iraq. The State Company for Oil Project (SCOP) appointed Refinery of Karbala Corporation (RKC) to execute the project under Build, Own and Operate (BOO) terms in July 2011.
Progress on Saudi Aramco oil refinery project within two
KARACHI: Pakistani Energy Minister Muhammad Ali said on Wednesday the South Asian nation was “actively engaged” with Saudi authorities on a multibillion-dollar Aramco oil refinery project and expected progress within two months. Pakistan and Saudi Arabia signed several investment agreements worth $21 billion during a visit to Islamabad by Saudi Crown Prince Muhammad Bin Salman in February
Indonesian Government-backed Pertamina could find a new partner for the Tuban, East Java-based oil refinery project, reported Reuters, citing Chief Economic Minister Airlangga Hartarto. The project is being developed by Pertamina and Russian company Rosneft.
Govt to launch $10 billion oil refinery project to address
According to the Information Ministry, a landmark agreement has been reached to construct a new $10 billion oil refinery within the country. This strategic move forms a crucial part of the government’s broader strategy aimed at alleviating energy shortages that have been hindering economic growth.
To facilitate the Saudi investment in refining, the government has recently passed a new policy under which a new deep conversion oil refinery, achieving financial close of the project within five years, shall be eligible for a customs duty of 7.5 per cent for 25 years on petrol and diesel of all grades produced from the date of commissioning of the refinery.
UEG of China to acquire stake in Pakistan Refinery Limited
In October 2023, PRL signed a memorandum of understanding with UEG to formalise their collaboration. The refinery has a processing capacity of 50,000 barrels per day of crude oil into a variety of distilled petroleum products including furnace oil, kerosene oil, high speed diesel, jet fuel and motor gasoline, among others.
Now, Pakistan aims to attract Sinopec’s involvement at the request of the KSA. The project is planned to have a 30:70 equity-loan ratio, with $3 billion in equity and $7 billion in loans. Pakistan and Saudi Aramco will each share 50 percent of the equity, amounting to $1.5 billion each.
Lukoil considers sale of Bulgarian oil refinery
In a press statement, Lukoil said: “The revision of the strategy is a consequence of the adoption by the Bulgarian state authorities of discriminatory laws and other unfair, biased political decisions towards the refinery, which have nothing to do either with the civilised regulation of a large business or with increasing the revenue part of the country’s budget.”
In a separate statement, OGDCL said: “The project will benefit from the incentives offered by the Government of Pakistan under the Pakistan Oil Refining Policy for New/Greenfield Refineries, 2023 and provide an opportunity to OGDCL for vertical integration in the oil and gas sector.”
Why is Pakistan reducing production of furnace oil?
The Pakistan government has been gradually reducing production of furnace oil at domestic refineries since 2017, decreasing its reliance on furnace oil-powered power plants in favor of other plants that make use of lower-cost fuel sources like LNG.
How will a new refining capacity affect Pakistan's economy?
With the expansion of new refining capacity, Pakistan is likely to expand overall domestic output of transportation fuels, reducing its currently high dependency on gasoline and diesel imports.
How many new refineries will be installed?
"We expect 150,000 to 200,000 b/d of new refinery [capacity] to be installed while existing refineries will undertake their upgrades to reduce quantum of furnace oil or fuel oil and produce environmentally compliant refined products," Shankar said.
Will new refinery policy reduce reliance on petroleum imports?
"We believe the new refinery policy will encourage existing refineries to utilize this opportunity by upgrading their capacity and deploying the latest technology, which will ultimately reduce the reliance on petroleum imports," said Abdul Azeem, director research at Spectrum Securities, another Karachi-based brokerage house.
