BR100 Increased By (5%)
BR30 Increased By (5.87%)
KSE100 Increased By (4.23%)
KSE30 Increased By (4.7%)
AGHA 7.65 Increased By ▲ 0.25 (3.38%)
BECO 5.21 Increased By ▲ 0.15 (2.96%)
BML 58.29 Increased By ▲ 1.86 (3.3%)
BOP 34.61 Increased By ▲ 1.97 (6.04%)
CNERGY 10.76 Increased By ▲ 0.47 (4.57%)
CSIL 5.69 Increased By ▲ 0.33 (6.16%)
FCCL 56.47 Increased By ▲ 4.73 (9.14%)
FFL 16.85 Increased By ▲ 0.36 (2.18%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 7.47 Increased By ▲ 0.33 (4.62%)
KOSM 6.18 Increased By ▲ 0.13 (2.15%)
LOTCHEM 27.68 Increased By ▲ 0.87 (3.25%)
MLCF 96.56 Increased By ▲ 8.39 (9.52%)
NBP 208.60 Increased By ▲ 15.42 (7.98%)
NCPL 58.13 Increased By ▲ 2.82 (5.1%)
NPL 67.61 Increased By ▲ 2.96 (4.58%)
OGDC 323.45 Increased By ▲ 13.07 (4.21%)
PACE 10.71 Increased By ▲ 0.33 (3.18%)
PAEL 43.37 Increased By ▲ 2.52 (6.17%)
PIBTL 16.80 Increased By ▲ 0.95 (5.99%)
PPL 224.67 Increased By ▲ 13.57 (6.43%)
PRL 55.51 Increased By ▲ 2.37 (4.46%)
PTC 71.07 Increased By ▲ 3.00 (4.41%)
SSGC 25.97 Increased By ▲ 1.12 (4.51%)
TBL 9.78 Increased By ▲ 0.28 (2.95%)
TELE 8.65 Increased By ▲ 0.36 (4.34%)
TPL 19.61 Increased By ▲ 1.32 (7.22%)
TPLP 13.18 Increased By ▲ 0.21 (1.62%)
TREET 22.67 Increased By ▲ 1.24 (5.79%)
TRG 60.05 Increased By ▲ 1.08 (1.83%)

TEXT: I wish to extend my heartiest congratulations to The Attack Oil Group of Companies on the auspicious occasion of completing 100 years of successful operations of Attack Refinery Limited (ARL).

The role as well as the significance of ARL in the domestic petroleum industry is very critical for the country’s economy, energy security and self-reliance having distinction of being the only refinery in the country utilizing 100% indigenous crude oil and meeting most of the oil demand in northern Pakistan including the Armed Forces, Railway, IPPs and general public.

ARL along with other refineries has been apart of consultations led by the Ministry of Energy for development of a comprehensive refining policy for sustainability and upgradation of existing refineries. The outcome would be a new and vibrant policy forthe oil refining sector to potentially attract investment in green field refineries and to enable the existing refineries to upgrade to produce more high value and environment friendly products.

Moreover, the Government stands committed to providing incentives that would enhance and facilitate the energy sector in accelerating their development programmes in order to maximize domestic oil and gas production in the coming years.

The Petroleum Division appreciates efforts of Attack Oil Group of Companies in promoting sustainable economic development in the country and assures them of creating a facilitative atmosphere to allow them to contribute to the economic development of the country.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.