BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)

Pakistan Refinery Limited (PRL) has commenced its refinery operations on December 31, 2022, the company stated in its notice to the Pakistan Stock Exchange (PSX) on Monday.

Last month, PRL, as part of its regeneration shutdown, announced to close its operations from December 10 for approximately 20 days.

“Further to the announcement of December 9, 2022, regarding regeneration shutdown of refinery operations. PRL has restarted its refinery operations from December 31, 2022,” read the notice on Monday.

Earlier, Business Recorder reported that the Oil and Gas Regulatory Authority (OGRA) had barred PRL from shutting down in December 2022 to meet diesel requirements in the winter months.

OGRA, in its letter, directed PRL to strictly adhere to the previous directives and abstain from shutdown till February, 2023 in the best national interest.

The OGRA also gave reference of PRL’s letter of October 13, 2022, and noted that the request of PRL for temporary shutdown has been examined by the OGRA’s Oil Supply Chain Department viz current demand-supply trend of POL products, adding that keeping in view the high demand of diesel in winter season and significant contribution of PRL therein, PRL was requested to reassess its technical and HSE issue and reschedule the proposed shutdown to 1st half of February 2023.

Incorporated in Pakistan as a public limited company in 1960, PRL is a hydro skimming refinery designed to process imported and local crude oil.

The refinery’s current capacity stands at approximately 50,000 barrels per day of crude oil into petroleum products, such as furnace oil, high-speed diesel, kerosene oil, jet fuel and motor gasoline, among others.

The refinery operates at two locations; the central processing facility is at Korangi Creek with a supporting crude berthing and storage facility at Keamari.

Comments

Comments are closed for this article.