ARL shutdowns main distillation unit for maintenance, inventory management

News Image

MG News | May 03, 2023 at 01:27 PM GMT+05:00

0:00

May 03, 2023 (MLN): The management of Attock Refinery Limited (PSX: ARL) has decided to shut down the main distillation unit of 32,400 BPD to manage the critically high HSD stocks and carry out essential maintenance including that of allied downstream units for a period of five days.

However, the refinery will partially operate at around 25% capacity during the said period.

In a notification to exchange, the company stated, "High-Speed Diesel (HSD) upliftment by OMCs from ARL has remained low during the last two months due to multiple reasons including the possible inflow of smuggled product in our supply envelope."

Presently, HSD stocks in the refinery have reached a high level with very little/no ullage in storage tanks, it added.

"Consequently, we are left with no option except to go for the shutdown of our main distillation unit of 32,400 BPD to manage the critically high HSD stocks and carry out essential maintenance including that of allied downstream units for a period of five (5) days," the notice read. 

Adequate inventories of products are available to meet the current requirements.

This has been intimated to the Ministry of Energy (Petroleum Division) and Oil & Gas Regulatory Authority (OGRA) accordingly, it said. 

Copyright Mettis Link News 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 173,896.34
360.62M
0.87%
1495.61
ALLSHR 104,139.24
855.26M
0.63%
655.29
KSE30 53,276.12
172.18M
1.03%
542.06
KMI30 248,386.88
167.37M
1.15%
2821.54
KMIALLSHR 67,752.29
358.10M
0.77%
518.60
BKTi 48,148.44
58.74M
0.52%
250.34
OGTi 34,286.85
16.69M
1.33%
448.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,870.00 90,990.00
87,075.00
-90.00
-0.10%
BRENT CRUDE 61.87 62.19
60.87
1.23
2.03%
RICHARDS BAY COAL MONTHLY 86.75 86.75
86.75
0.30
0.35%
ROTTERDAM COAL MONTHLY 96.25 96.25
94.20
1.05
1.10%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 58.10 58.30
56.91
1.36
2.40%
SUGAR #11 WORLD 15.25 15.34
15.11
0.08
0.53%

Chart of the Day


Latest News
December 29, 2025 at 06:25 PM GMT+05:00

SBP’s FX Purchases Jump to USD 1.02bn in September


December 29, 2025 at 05:13 PM GMT+05:00

UAE’s space ambitions take off in a stellar 2025


December 29, 2025 at 04:00 PM GMT+05:00

PSX Closing Bell: A Step in the Right Direction


December 29, 2025 at 03:55 PM GMT+05:00

Calcorp Board proposes name change


December 29, 2025 at 03:42 PM GMT+05:00

PKR remains flat against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg