Refinery projects involve huge capital investment and accordingly under the prevailing circumstances a very careful approach is needed to start a new project. However, NRL is continuing to study the possibility of installing the following:

o Hydrocracker / Bottom of Barrel upgrade
Upgradation of Furnace Oil to value added products requires a huge capital investment. Your company along with other refineries have jointly undertaken a study for the feasibility of a joint plant. The study has already been awarded to M/s Advisian of UK. It is expected that the study will be finalized soon. Based on the outcome of the study together with improvement in country’s overall political and economic conditions as well as finalization of oil refining policy, a future course of action will be decided.

o CCR (Continuous Catalyst Regeneration) Platforming Unit
To increase the Gasoline production and to meet the country’s Gasoline Euro-V specifications, Company is planning to install a CCR (Continuous Catalyst Regeneration) Platforming unit along with other associated units. The project is in planning phase.

o Turnaround of Fuel Refinery
Company would be undertaking the turnaround of Lube-II Refinery. This will result in continuous production of plant at optimum level without frequent maintenance requirements.