State-owned Sylhet Gas Field Limited (SGFL) and a consortium of Indonesia-based PT ISTANA KARANG LAUT and local company Energypac Power Generation Limited have recently signed an agreement for setting up of a 3,000 barrel per day capacity Catalytic Reforming Unit (CRU) at Rashidpur in the district of Habiganj.
Operations Director of PT ISTANA KARANG LAUT Phillippe Supper and Company Secretary of SGFL Md Showkat Alam Quadri signed the deal on behalf of the respective parties at a program in Dhaka, said a press release.
The plant facilities schedule for completion in two years’ time would convert petrol into octane. The country will attain self-sufficient in the fulfillment of octane demand on completion of the project. The total project cost is about Tk 500 crore and being financed by SGFL’s own source.
Another 4,000 barrel/day capacity condensate fractionation plant is being built in Rashidpur, which will be fed by the Chevron-run Bibiyana gas field.
Petrol to be produced by the existing 3750 barrel/day and later on 4,000 barrel/day condensate fractionation plant will be fed to the catalytic reforming unit for converting the petrol into octane.
Once completed, it will produce about 2,710 barrel of octane (octane no 95+) and 25 tonne of liquefied petroleum gas (LPG) daily from condensate.