Business Services Industry
PAKISTAN: Construction plans for proposed 15,000 metric ton per year lubricant oil production capacity expansion project in addition to possible sulfur content reduction scheme, NATIONAL REFINERY LTD. [Pakistan] - Order #: 103604.
WWP-Business Opportunities in Asia & the Pacific, October, 2004
PROJECT OVERVIEW:
The local state-owned NATIONAL REFINERY LTD. currently operates a petroleum refining and petrochemical complex in Karachi, Pakistan, that has an installed production capacity of 46,300 barrels per day (b/d). The company also currently produces some 180,000 metric tons per year (mt/y) of lubricant oil.
Oil prices have been bullish since April last year while a shortage of global refining capacity has pushed up refining margins. As a result, the company is now planning to expand its lubricant oil production output by some 15,000 mt/y. The upgrade project, of undisclosed cost, is scheduled for completion by September 2005.
In addition, the refinery is also reportedly considering a plan to reduce sulfur content to 0.5% from...
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