Pakistani refinery seeks used complex to upgrade operations

An overview shows tankers parked outside a local oil refinery in the Pakistan's port city of Karachi, Pakistan, on February 22, 2011. (AFP/File)
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Updated 09 April 2021
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Pakistani refinery seeks used complex to upgrade operations

  • Offers from interested bidders have been invited with a closing date of April 23
  • If the purchase goes ahead, Pakistan Refinery Limited could double its capacity to 100,000 barrels per day

ISLAMABAD: Pakistan Refinery Limited (PRL) is looking to buy a second-hand refinery complex to upgrade its operations and increase output to help meet rising demand for petroleum products as the country emerges from a pandemic-driven slump.

The South Asian country currently has five refineries with a total capacity of 417,000 barrels per day (bpd), according to Pakistan's 2020 economic survey, the largest of which stands at 150,000 bpd.

If the purchase goes ahead PRL could double its capacity to 100,000 bpd.

The company this week sought offers to purchase a second-hand refinery complex for relocation to Pakistan, according to an advertisement placed in international media.

It said it was undertaking an upgrade and potential expansion project to produce Euro V specification and high-speed diesel oil. For this purpose, it intends to purchase a pre-owned refinery complex with one or more conversion units, which should have a 50,000 to 100,000 bpd throughput design.

Offers from interested bidders have been invited with a closing date of April 23.

Pakistan's total refining capacity is 19.37 million tons per year, according to the Economic Survey, while the country consumes 19.68 million tons of petroleum products annually.

The government says refinery capacity is not being fully utilized on account of financial as well as technical problems, and is supplying only 11.59 million tons per year, with the rest of the country's needs imported.

The finance ministry, in a report last month, said that import volumes of petroleum crude increased by 13.8 percent in the first eight months of the 2020-21 financial year. Import volumes of petroleum products increased by 27.7 percent in the same period.


Police rescue 11 abducted bus passengers after gunbattle in Pakistan’s katcha region

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Police rescue 11 abducted bus passengers after gunbattle in Pakistan’s katcha region

  • The passengers were seized when gunmen intercepted a bus traveling on a key highway linking Punjab to Balochistan
  • Authorities deployed armored vehicles, surveillance drones as dense fog complicated the rescue operation in the area

KARACHI: Pakistani police on Tuesday rescued 11 bus passengers who were abducted by an organized criminal gang, known locally as katcha dacoits, from near the border separating the provinces of Sindh and Balochistan, officials said.

The passengers were seized on Monday night when gunmen intercepted the bus traveling on the Ghotki–Guddu–Kashmore Link Road, a strategic highway in the country’s south. The bus was en route from Sadiqabad in Punjab province to the Balochistan capital, Quetta.

The abduction occurred in the marshy area of Ghotki, a riverine territory known as the katcha region along the Indus River, long regarded as a sanctuary for heavily armed criminal gangs.

“After a police encounter with the bandits, 11 abducted passengers have been recovered,” Ghotki district police chief Anwar Khetran told media.

He added an exchange of fire erupted near Sonmiani village during the large-scale police operation. Two of the rescued passengers sustained injuries and were taken to a nearby hospital for treatment.

It was not known how many passengers were aboard the bus when dacoits abducted it.

Authorities said a heavy police contingent using armored vehicles and surveillance drones was deployed and that the operation would continue until all perpetrators were captured or killed. However, Khetran noted that dense fog was hampering visibility.

The incident is the latest in a string of high-profile abductions targeting travelers in the difficult-to-govern katcha areas of Upper Sindh, particularly in the Ghotki, Kashmore and Shikarpur districts.

Despite periodic crackdowns involving police and paramilitary forces, criminal gangs operating in the rugged terrain have persisted, posing a continuing challenge to law and order.