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REFINERY NEWS ROUNDUP: Closures remain on the cards in Asia-Pacific | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP: Closures remain on the cards in Asia-Pacific | Hellenic Shipping News Worldwide
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Pakistan refineries in upgrade phase


Pakistan refineries in upgrade phase
Many companies are making heavy investment to ramp up business
There are five major oil refineries that have a combined installed capacity of slightly over 417,000 barrel per day in Pakistan. PHOTO: FILE
KARACHI:
Pakistan’s dying petroleum oil refineries are in the planning phase or at an advanced stage of heavy investment-led upgrades to remain in business, as almost all of them are operating at half of their installed capacity due to production of out-of-demand products like furnace oil.
Output of the outdated product sometimes spills over the storage capacity and hinders manufacturing of co-products in demand like petrol and diesel from the crude oil. Owing to the emergence of gas crisis time and again in the country for the past couple of years, the government agreed to lift the ban on use of furnace oil to produce electricity on and off. ....

Port Qasim , Mohammad Khan , Byco Petroleum , Pakistan Refinery Limited , National Refinery Limited , Abraaj Group , Pakistan Bureau Of Statistics , Attock Refinery Limited , Pakistan State Oil , Petroleum Chairman Mohammad Wasi Khan , Pak Arab Refinery , Pakistan Bureau , போர்த் கேஸிம் , முகமது காந் , பயகா பெட்ரோலியம் , பாக்கிஸ்தான் சுத்திகரிப்பு நிலையம் வரையறுக்கப்பட்டவை , தேசிய சுத்திகரிப்பு நிலையம் வரையறுக்கப்பட்டவை , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் , பாக்கிஸ்தான் நிலை எண்ணெய் , பக் அரபு சுத்திகரிப்பு நிலையம் , பாக்கிஸ்தான் பணியகம் ,

REFINERY NEWS ROUNDUP: India's gasoline use rises, falls elsewhere in Asia-Pacific


REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific
India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity.
Some states, such as the western state of Maharashtra, eased restrictions early June.
Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gasoline demand hit a one-year low.
However, a new wave of coronavirus infections in Indonesia has dented the demand outlook for Asian gasoline, with participants anticipating a further decline in import demand as driving activity slows. The country, moreover, has already expanded its strict lockdown measures, with Bali, Java and the heavily populated cities in Sumatra having been placed under a lockdown since early July. ....

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