ARL takes the matter of FO crisis up with Ministry of Energy

News Image

MG News | December 24, 2019 at 01:30 PM GMT+05:00

December 24, 2019 (MLN): Attock Refinery Limited (ARL) has notified that the management of the company along with other local refineries has taken up the matter of Furnace Oil crisis, with the Ministry of Energy (Petroleum Division).

Recently, various articles on the issue of Furnace Oil crises being faced by the local refineries were published in several newspaper.

The Special Assistant to Prime Minister on Petroleum has decided to make a Working Group comprising of Government Officials and Refineries Representatives with the objective to address this issue and recommend remedial policy measures to ensure the sustainability of economically viable refining operations and making it feasible to undertake future upgradation projects.

This joint effort on the part of all stake holders will help to overcome this crisis situation.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,021.20
228.53M
-0.42%
-718.25
ALLSHR 103,836.39
572.65M
-0.41%
-422.85
KSE30 50,951.99
89.47M
-0.52%
-264.77
KMI30 240,633.87
93.99M
-0.31%
-756.80
KMIALLSHR 66,572.75
300.61M
-0.28%
-185.59
BKTi 48,673.23
31.18M
-0.70%
-343.86
OGTi 33,702.25
6.35M
-0.61%
-205.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,070.00 64,215.00
64,070.00
-145.00
-0.23%
BRENT CRUDE 98.70 101.19
95.13
-1.99
-1.98%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 121.10 121.10
121.10
0.70
0.58%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 90.47 92.83
87.68
-1.72
-1.87%
SUGAR #11 WORLD 14.76 14.79
14.54
0.07
0.48%

Chart of the Day


Latest News
July 24, 2026 at 05:10 PM GMT+05:00

Govt reaffirms commitment to business-friendly reforms


July 24, 2026 at 05:09 PM GMT+05:00

PSX Closing Bell: Bulls Stumble



Top 5 things to watch in this week

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