Largest Crude Oil Consignment Discharged at Byco’s Single Point Mooring

February 6, 2013

History was made yet again, when the largest consignment of crude oil ever to be brought into Pakistan through a single oil tanker, was discharged through the Byco’s deep sea Single Point Mooring (SPM) facility and into the Byco Oil Refining Complex. The crude oil parcel was brought by the M.T. QUETTA which moored at the Floating terminal with a cargo of around 79,000 metric tons of Crude Oil from the UAE.

It also marked the 2nd ship to off-load its cargo through the SPM, set up on the coast of Arabian Sea at a distance of approximately 14km from the Byco’s Mouza Kund Site. The SPM was tested on December 26, 2012 when the first crude oil tanker, M.T. ARIETIS, successfully completed the discharge of around 70,000 tons of crude oil.

With a draft of 25 meters, the Byco Single Point Mooring can accommodate vessels carrying Crude/ Petroleum products of over 100,000 metric tons. Presently smaller parcel sixes of petroleum products are being imported through Karachi Port and Port Qasim due to the draft limitations of both these ports.

M.T. QUETTA will discharge this crude oil parcel to the Byco Oil Refining Complex Storage Tanks, which are also the single largest capacity storage tanks for Crude Oil in the Country and will feed the 35,000 bpsd Refinery as well as the currently undergoing pre-commissioning of Pakistan’s largest oil Refinery rated at 120,000 bpsd.

Speaking on the occasion, Imran Farookhi, CEO Byco Terminals Pakistan Ltd, the company that owns and operates the Single Point Mooring, said, “With the blessings of the Almighty Allah, this is yet another milestone that we’ve achieved. As per our business plan, we are gradually increasing the cargo size of each incoming ship and soon the SPM will be catering to vessels carrying more than 100,000 tons of crude oil.”

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).