China to build Asia’s largest oil refinery in Pakistan

[doppelgängerr]

No way, Pakistan doesn't have 30 days of capacity..

I talking about storage capacity in case of war.

 

[Affan-khan]

Largest? 100,000 bbl/day is nothing man!

you can call it largest in Pakistan though

it not even largest in Pakistan and you calling it largest in Asia

Largest in Pakistan right now is BYCO 155000 BPD

 

[PakSword]

it not even largest in Pakistan and you calling it largest in Asia

Largest in Pakistan right now is BYCO 155000 BPD

Main ne kab kaha bhai ke yeh largest hai?

 

[sparten]

Not even the biggest refinery in KPK.

 

[niaz]

To say it is a gross exaggeration is an understatement. Standard of journalism in Pakistan is extremely poor and when talking about Asia, journalists ignore that China (world’s 2nd largest economy), Japan (3rd largest), India (7th largest) & South Korea (12th largest) also happen to be in Asia.

Largest oil refineries in the world are;

1. Reliance Industries, Jamnagar 1.24 –million bpd

2. Paraguayan Refinery, Venezuela 955K bpd

3. Ulsan Refinery, South Korea 840K bpd

4. Yeosu Refinery, South Korea 775K bpd

5. Onan refinery South Korea 669K bpd


All upcountry refineries have the problem of getting the crude feed to the refinery and transporting the products surplus to the requirement back to the port. It is therefore sound economics to limit the size and configuration of the refinery to ensure that all products are consumed locally.

KPK is one of the crude producing areas of Pakistan. 100 K bpd /5-million ton a year is small refinery by today’s standards. However, since a pipeline to pump crude all way the up from Keamari or Port Qasim would probably cost as much as the refinery, one would presume that size of the refinery was dictated by the crude output of the area.

My problem is that Rs 400-billion ($4-billion) for 100 K bpd refinery translates into $40K per bbl per day nameplate capacity. This is twice the cost of 200K bpd refinery plus petrochemical complex being built near Karachi also by the Chinese.

A simpleton like me would therefore question the economic viability of the project.

 

[ali_raza]

To say it is a gross exaggeration is an understatement. Standard of journalism in Pakistan is extremely poor and when talking about Asia, journalists ignore that China (world’s 2nd largest economy), Japan (3rd largest), India (7th largest) & South Korea (12th largest) also happen to be in Asia.

Largest oil refineries in the world are;

1. Reliance Industries, Jamnagar 1.24 –million bpd

2. Paraguayan Refinery, Venezuela 955K bpd

3. Ulsan Refinery, South Korea 840K bpd

4. Yeosu Refinery, South Korea 775K bpd

5. Onan refinery South Korea 669K bpd


All upcountry refineries have the problem of getting the crude feed to the refinery and transporting the products surplus to the requirement back to the port. It is therefore sound economics to limit the size and configuration of the refinery to ensure that all products are consumed locally.

KPK is one of the crude producing areas of Pakistan. 100 K bpd /5-million ton a year is small refinery by today’s standards. However, since a pipeline to pump crude all way the up from Keamari or Port Qasim would probably cost as much as the refinery, one would presume that size of the refinery was dictated by the crude output of the area.

My problem is that Rs 400-billion ($4-billion) for 100 K bpd refinery translates into $40K per bbl per day nameplate capacity. This is twice the cost of 200K bpd refinery plus petrochemical complex being built near Karachi also by the Chinese.

A simpleton like me would therefore question the economic viability of the project.

i heard there is a 100 mw power plant and 300 km pipeline included too soo.

 

[MultaniGuy]

Good news indeed.

 

[N.Siddiqui]

Largest or not the main point here is it is being set up at Dera Ismail Khan in KPK, and will use locally explored recent oil discoveries...

The Paharpur oil block, the block is located in Dera Ismail Khan and Tank districts of Khyber ... Pakistan's oil production touched the highest level on Dec 7, 2014

Further, more discoveries near Karak division will also be diverted to this refinery.

https://www.dawn.com/news/1207980

 

[Nexus]

Jamnagar refinery is the world's largest oil refinery with an aggregate capacity of 1.24 million barrels per day (bpd). The refinery complex is located at Jamnagar in Gujarat, India. It is owned and operated by Reliance Industries.

http://www.hydrocarbons-technology.com/features/feature-top-ten-largest-oil-refineries-world/

my Birthplace <3

 

[Dash]

What is the partnership model? How much desi and how much videos?

 

[defence_analyst]

timesof Islamabad is one retarded newspaper. Only Dawn have competent journalists.

 

[Acknowledge]

To say it is a gross exaggeration is an understatement. Standard of journalism in Pakistan is extremely poor and when talking about Asia, journalists ignore that China (world’s 2nd largest economy), Japan (3rd largest), India (7th largest) & South Korea (12th largest) also happen to be in Asia.

Largest oil refineries in the world are;

1. Reliance Industries, Jamnagar 1.24 –million bpd

2. Paraguayan Refinery, Venezuela 955K bpd

3. Ulsan Refinery, South Korea 840K bpd

4. Yeosu Refinery, South Korea 775K bpd

5. Onan refinery South Korea 669K bpd


All upcountry refineries have the problem of getting the crude feed to the refinery and transporting the products surplus to the requirement back to the port. It is therefore sound economics to limit the size and configuration of the refinery to ensure that all products are consumed locally.

KPK is one of the crude producing areas of Pakistan. 100 K bpd /5-million ton a year is small refinery by today’s standards. However, since a pipeline to pump crude all way the up from Keamari or Port Qasim would probably cost as much as the refinery, one would presume that size of the refinery was dictated by the crude output of the area.

My problem is that Rs 400-billion ($4-billion) for 100 K bpd refinery translates into $40K per bbl per day nameplate capacity. This is twice the cost of 200K bpd refinery plus petrochemical complex being built near Karachi also by the Chinese.

A simpleton like me would therefore question the economic viability of the project.

Thank you for the information.
A new refinery is being built in India. This time by Government owned oil companies instead of private ones.

http://energy.economictimes.indiati...nery-by-2022-at-a-cost-of-40-billion/59154630

They are saying it will be worlds largest, but Governments(particularly mine) are prone to grandstanding. can you confirm the authenticity and where this project stands in terms of global outlook?

 

[niaz]

i heard there is a 100 mw power plant and 300 km pipeline included too soo.

100 MW power plant would probably be burning fuel oil from the refinery and cost upward of 1-billion dollars.

But why build 300 Km long pipeline? Guesstimate of a 20 inch crude pipeline construction cost would be between $3 to $4-million per mile. 300 Km (187.5-miles) would cost between $600-million to $750-million. Where is crude oil coming from? Why not save nearly $700-million by building the refinery & power plant at the crude field?

 

[TOPGUN]

Good news indeed, lets see if it happens and again it wont be the largest in Asia !!!

 

[ghazi52]

1. PARCO MID COUNTRY REFINERY. Multan
   
   
   
   
   
   Commissioned in the year 2000 and built at a cost of US$ 886 million, PARCO Mid-Country Refinery (MCR) at Mahmoodkot near Multan has added 4.5 million tons per annum (100,000 BPD) to the country’s refining capacity. MCR was one of only five refineries built in the world at the beginning of the millennium and, therefore, can be called the latest in terms of generations.
   
   PARCO’s Mid-Country Refinery (MCR) is the country’s most modern and largest operating refinery and employs critical processes involved in refining. The Refinery produces Liquefied Petroleum Gas (LPG), High Octane Blending Component (HOBC), Kerosene, Jet Fuel (JP-1 & JP-4), High Speed Diesel (HSD), Light Speed Diesel (LDO), Furnace Oil (FO) and Sulphur. These products are being delivered to customers through Gantry Operation at MCR as well as via PARCO’s Mahmoodkot-Faisalabad-Machike (MFM) Pipeline System. MCR is capable of producing lead free Motor Gasoline of 90 Octane. . It produces fuel oil with low sulphur content meeting the international standards and has a Sulphur Recovery Unit with tail gas treatment to avoid pollution.
   
   The Refinery has a refining capacity of 100,000 BPD of a mixed Arabian Light/Upper Zakum/Murban/Das and Indigenous Crude slate, which is transported to the Refinery site by PARCO’s existing pipeline System from Karachi. MCR being a grassroots Refinery, has both primary and secondary processing facilities and supporting infrastructure, which allows the process units to operate in an efficient manner in order to produce the desired slate of products in an economic and flexible manner.
   
   
   
2. PARCO COASTAL REFINERY (PCR) SITE
   
   
   
   
   
   Pak-Arab Refinery Limited (PARCO), an integrated energy company, is a Joint Venture between Pakistan and the Emirate of Abu Dhabi. PARCO owns and operates over 2000 kms of pipeline network, Pakistan’s largest and most modern refinery, marketing, distribution operations and has formed Joint Ventures with renowned international companies and conglomerates. The Company is continually following an aggressive growth strategy and has planned expansions and penetration into new ventures and markets.
   
   Mr. Shahid Khaqan Abbasi and Secretary Petroleum & Natural Resources, Mr. Arshad Mirza, visited PARCO Coastal Refinery (PCR) site in Hub, Baluchistan, 70 km from Karachi .
   
   While briefing the press about the project, Minister stated that this project will have a refining capacity of 250,000 BPD and will also involve construction of storage, pipelines, marine terminal and development of allied infrastructure. The project is expected to be completed by 2022. The project will bridge the gap in the demand and supply of refined products, which at present is approximately 13 million metric tons per annum and is likely to increase further due to economic growth.