Attock Refinery further scales down its operation to 29%
By MG News | March 31, 2020 at 01:17 PM GMT+05:00
March 31, 2020 (MLN): Attock Refinery Limited (ARL) has informed Exchange via a notification that the Refinery has to further reduce its production and it is currently operating at about 29% of its capacity as the product uplifting has not improved.
Further, the company clarified if the product uplifting is not improved then the refinery would be completely shut down within a week which has also been informed to the Ministry of Energy (Petroleum Division) accordingly.
To recall, Attock refinery cut run-rate by 50% due to the low demand for petroleum products.
Moreover, the company will keep updating any further appropriate action regarding the situation.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 127,856.86 206.11M |
1.77% 2229.55 |
| ALLSHR | 79,569.20 601.83M |
1.25% 984.48 |
| KSE30 | 38,938.39 76.64M |
2.06% 784.60 |
| KMI30 | 187,077.18 92.08M |
1.18% 2190.68 |
| KMIALLSHR | 54,227.25 334.84M |
0.86% 463.44 |
| BKTi | 32,951.14 36.79M |
3.22% 1029.46 |
| OGTi | 27,939.57 5.07M |
0.60% 165.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 107,400.00 | 108,105.00 107,145.00 |
-835.00 -0.77% |
| BRENT CRUDE | 66.80 | 66.93 66.34 |
0.06 0.09% |
| RICHARDS BAY COAL MONTHLY | 97.00 | 0.00 0.00 |
0.20 0.21% |
| ROTTERDAM COAL MONTHLY | 107.65 | 0.00 0.00 |
0.40 0.37% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 65.15 | 65.27 64.67 |
0.04 0.06% |
| SUGAR #11 WORLD | 16.19 | 16.74 16.14 |
-0.52 -3.11% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|