Ministry of Energy visits Byco’s Refinery
Karachi: August 08,2019 : The Petroleum Division Secretary, Ministry of Energy, Mian Asad Hayaud Din, visited Byco’s refinery and Single Point Mooring today. He was briefed on Byco’s operations and received an in-depth briefing on the operations of its floating port, the Single Point Mooring. The Secretary was received by Byco’s Vice President of Operations, Mr. Rashid Badruddin. The Secretary stated upon the conclusion of his visit to Byco: “I am thoroughly impressed with Byco’s management and facilities.
Mr. Fayaz Ahmad Khan, Byco’s Vice President of Commercial, said on the occasion: “It is a great honour for Byco to receive the Secretary of the MoE’s Petroleum Division at our refinery. Byco is Pakistan’s largest oil refining company, and has nearly 400 retail outlets across the country. Byco is the only vertically integrated petroleum firm in Pakistan. Our SPM is one-of-its-kind in the nation and Byco satisfies a significant fraction of Pakistan’s petroleum demand single-handedly. We welcome the Ministry of Energy and look forward to working together to grow Pakistan’s economy’
About Byco: Byco Petroleum Pakistan Limited (BPPL) is one of Pakistan’s leading energy firms, engaged in the businesses of oil refining, petroleum marketing, and petroleum logistics. Byco’s mission is to meet the nation’s energy. The Company manufactures a wide range of petroleum products with a vision to achieve sustainable productivity and profitability while upholding high environmental, health and safety standards.
Byco is Pakistan’s largest oil refiner by design capacity, and is the nation’s only firm having a dedicated Single Point Mooring (SPM). Byco’s SPM is the only floating liquid port in the country, and the company employs a round-the-clock crew dedicated for the safety and security of the buoy and vessels in and around the SPM’s anchorage area. The SPM is Pakistan’s only terminal having a Tier 3 oil spill response membership.
Byco refines crude oil into various marketable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil. Byco is proud to have the largest capacity crude oil storage tanks in the country. Byco’s marketing network supports retail outlets in more than 80 cities all over Pakistan and is an emerging player in Pakistan’s oil marketing sector. Byco’s diverse and highly skilled workforce consists of approximately 900 dedicated employees across the firm’s divisions.