Attock Refinery further scales down its operation to 29%

MG News | March 31, 2020 at 01:17 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

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

PSX Closing Bell: Red Avalanche

SECP approves name changes for Pakgen, Lalpir Power firms

OGDC raises stake in Qadirpur field to around 83%

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%