AIRLINK 86.21 Decreased By ▼ -0.99 (-1.14%)
BOP 4.97 Decreased By ▼ -0.05 (-1%)
CNERGY 4.08 Decreased By ▼ -0.01 (-0.24%)
DFML 37.22 Decreased By ▼ -0.68 (-1.79%)
DGKC 91.20 Decreased By ▼ -2.68 (-2.85%)
FCCL 22.99 Decreased By ▼ -0.78 (-3.28%)
FFBL 33.74 Increased By ▲ 1.07 (3.28%)
FFL 9.19 Decreased By ▼ -0.06 (-0.65%)
GGL 10.05 Increased By ▲ 0.02 (0.2%)
HASCOL 6.25 Decreased By ▼ -0.29 (-4.43%)
HBL 126.25 Increased By ▲ 4.33 (3.55%)
HUBC 158.29 Increased By ▲ 12.64 (8.68%)
HUMNL 11.08 Increased By ▲ 0.58 (5.52%)
KEL 4.64 Decreased By ▼ -0.10 (-2.11%)
KOSM 4.09 Decreased By ▼ -0.10 (-2.39%)
MLCF 38.25 Decreased By ▼ -0.55 (-1.42%)
OGDC 133.40 Decreased By ▼ -1.61 (-1.19%)
PAEL 25.40 Increased By ▲ 0.32 (1.28%)
PIBTL 6.22 Decreased By ▼ -0.05 (-0.8%)
PPL 119.25 Decreased By ▼ -0.43 (-0.36%)
PRL 24.58 Increased By ▲ 0.48 (1.99%)
PTC 12.28 Increased By ▲ 0.06 (0.49%)
SEARL 59.32 Decreased By ▼ -0.48 (-0.8%)
SNGP 65.60 Increased By ▲ 0.60 (0.92%)
SSGC 9.87 Decreased By ▼ -0.18 (-1.79%)
TELE 7.85 Decreased By ▼ -0.02 (-0.25%)
TPLP 9.49 Decreased By ▼ -0.25 (-2.57%)
TRG 63.80 Decreased By ▼ -0.50 (-0.78%)
UNITY 27.26 Increased By ▲ 0.21 (0.78%)
WTL 1.28 Decreased By ▼ -0.04 (-3.03%)
BR100 8,341 Increased By 31.1 (0.37%)
BR30 26,457 Increased By 506.8 (1.95%)
KSE100 78,810 Increased By 9 (0.01%)
KSE30 25,474 Increased By 35.6 (0.14%)

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.