Pakistan’s 1st SPM Successfully Commissioned

January 1, 2013

Byco’s Single Point Mooring (SPM) facility set up on the coast of Arabian Sea at a distance of approximately 14km from the Byco’s Mouza Kund site, which was mechanically completed recently, has been commissioned. With a draft of 25 meters this facility can accommodate larger size vessels carrying Crude/ Petroleum products of over 100,000 tons.

Crude oil tanker, M.T. Arietis, successfully completed the discharge of 70,000 tons of crude oil marking the commissioning of the recently established deep sea Byco Single Point Mooring. The discharge rate peaked at 2,380 tons per hour and averaged over 2,000 tons per hour, enabling emptying the first cargo of 70,000 tons in 39 hours as per planned schedule. This compares favourably to the discharge rates of 1,500-1,600 tons per hour Byco experienced at Fotco, Port Qasim. Future target is achieving discharging timelines of 36 hours. There is also a saving of half a day sailing time as compared to Port Qasim.

Speaking on the occasion, Imran Farookhi, CEO Byco Terminals Pakistan Ltd, the company that owns and operates the SPM, “With the blessings of the Almighty Allah, we have successfully commissioned the country’s first SPM, Pakistan is now a proud member of the international community that has SPM technology and we expect to make good commercial use of it.”

About Byco Terminals Pakistan Limited

Byco Terminals Pakistan is an infrastructure company setup to facilitate the logistics of petroleum products, Byco Terminals Pakistan (formerly Universal Terminal Limited) is a wholly owned subsidiary of Byco Petroleum Pakistan Limited (BPPL).