To meet the demand for fuel oil to some extent, No. 1 Oil Refinery (Thanlyin) will be re-operated in a new design, Union Minister for Energy U Ko Ko Lwin said.
He made the remarks at the meeting with the plant manager and officials and officials of the joint-venture company and technical advisory team during his visit to the refinery on June 5 morning.
At the meeting, the Union Minister said that the current Phase 1 of the project will be able to process 500,000 tons of crude oil per year and that the Phase 2 will also continue to process a refinery capable of refining three million tons of crude oil per year.
In this process, short-term and long-term plans are being laid down, and if the entire project is completed, it will be able to meet about half of the country’s fuel needs, he said.
As the Phase 1 of the project, the refinery with a capacity to process 500,000 tons of crude oil per year will be able to resume operations by end of this year, and as the Phase 2, it is planned to be able to complete the refinery with a capacity to process three million tons of crude oil per year by 2028.
