Bosicor to build refinery

Bosicor Oil Pakistan Limited (BOPL), a recently established company, is setting up a crude oil refinery having initial capacity of 120,000 barrels per day on the coast of Balochistan.  To be situated 45 kilometers from Karachi, it will cost Rs18.8 billion (US$312.29 million) and is expected to start production by the end of 2009. (July 21, 2006)