ARL shutdowns main distillation unit for maintenance, inventory management

News Image

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

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 178,922.76
458.03M
-1.36%
-2475.46
ALLSHR 107,850.27
1,038.22M
-1.24%
-1356.82
KSE30 53,308.95
263.66M
-1.46%
-789.54
KMI30 255,193.17
241.09M
-1.46%
-3789.62
KMIALLSHR 69,955.81
579.69M
-1.31%
-930.18
BKTi 48,839.93
52.13M
-1.20%
-593.67
OGTi 36,450.04
22.36M
-1.87%
-693.83
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,190.00 63,415.00
62,315.00
245.00
0.39%
BRENT CRUDE 80.38 80.81
78.77
0.53
0.66%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
-0.25
-0.22%
ROTTERDAM COAL MONTHLY 125.50 0.00
0.00
1.20
0.97%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 76.54 76.78
74.98
0.69
0.91%
SUGAR #11 WORLD 14.14 14.50
14.10
-0.23
-1.60%

Chart of the Day


Latest News
June 19, 2026 at 06:08 PM GMT+05:00

Govt slashes petrol price by Rs74/litre, HSD by Rs67


June 19, 2026 at 05:22 PM GMT+05:00

GEMPACRA opts out of TISL rights issue


June 19, 2026 at 05:11 PM GMT+05:00

PKR inches up against USD


June 19, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Red Avalanche



Top 5 things to watch in this week

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