Refineries have invested $180-200 million to ensure availability of 600,000 tonnes of additional petrol from next year.
The Pakistan Refinery Limited (PRL) will double its petrol production from 12,000 tonnes per month to 24,000 tonnes per month.
According to the Attock Refinery Limited (ARL), the company is installing Isomerisation unit of 7,000 barrels per day to produce environmental-friendly gasoline and enhance its production by 20,000 tonnes per month.
The National Refinery Limited (NRL) is also increasing its petrol production to 15,000-16,000 tonnes per month.
“These three refineries are installing isomerisation units which are expected to be completed by the end of next year. Production of 600,000 tonnes of petrol will save country’s import bill by approximately $60-65 million per annum on the current prices,” said PRL MD and Oil Companies Advisory Council (OCAC) vice chairman Aftab Husain.