14 April 2014 10:57 [Source: ICIS news]
SINGAPORE (ICIS)--Bahrain Petroleum Co (BAPCO) plans to have all the new units that are part of its refinery upgrading and modernisation project commissioned and operational by the end of 2020, its chairman Adel Khalil al-Moayyed said on Monday.
The project is part of the BAPCO modernisation programme that is “progressing well and is on track to meet stakeholders’ expectations”, al-Moayyed said in a statement prepared by the organisers of Bahrain Energy Forum 2014.
The programme will also increase the company’s refining capacity from 265,000 bbl/day to 360,000 bbl/day and add “several new processing units focused on bottom-of-the-barrel upgrade and middle-distillates production”, he said.
“We have finalised our configuration through a unit definition study and established that the new refinery configuration will have a crude throughput capacity of 360,000 bbl/day,” al-Moayyed said.
BAPCO expects the engineering, procurement and construction (EPC) phase of the project to begin in 2016, al-Moayyed added.
While BAPCO will not be adding any new products to its portfolio through the modernisation programme, it aims to shift the refinery product slate from low-value products to high-value middle distillates, al-Moayyed said.
The conference runs from 21-23 April in Bahrain.
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