PRL’s oil pipelines severely damaged due to heavy rains in Karachi

News Image

MG News | August 26, 2020 at 02:19 PM GMT+05:00

0:00

August 26, 2020 (MLN): Pakistan Refinery Limited (PRL) has informed PSX that due to the unusual heaving rain in Karachi on August 25, 2020, the rainwater washed away a portion of the Piles Bridge carrying the intra-city oil pipelines of the Company which connects Keamari Terminal to the Refinery at Korangi Creek for transportation of crude oil and product.

‘The incident resulted in severely damaging the aforesaid oil pipelines’, the notification issued by the company said.

Though the access to the site is difficult, the company is assessing the situation so that the magnitude of damage can be ascertained, enabling it to take required measures regarding safety and continuity of Refinery Operations in the present situation, which may include temporary shut-down of Refinery Operations.

Once thorough assessment is completed, the company will be able to estimate the time period for restoring the oil-pipelines and take appropriate decisions accordingly.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 161,754.70
115.33M
0.29%
472.93
ALLSHR 98,217.45
301.20M
0.25%
247.09
KSE30 49,063.86
34.88M
0.14%
68.91
KMI30 232,384.06
20.71M
0.40%
935.92
KMIALLSHR 64,116.41
136.77M
0.36%
227.36
BKTi 44,952.96
13.09M
-0.19%
-84.77
OGTi 31,379.33
2.78M
1.14%
353.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 102,220.00 102,705.00
99,285.00
1190.00
1.18%
BRENT CRUDE 64.46 64.48
63.90
0.02
0.03%
RICHARDS BAY COAL MONTHLY 87.00 87.00
86.50
1.30
1.52%
ROTTERDAM COAL MONTHLY 97.30 97.75
97.10
1.05
1.09%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.56 60.59
60.01
0.00
0.00%
SUGAR #11 WORLD 14.21 14.72
14.13
-0.44
-3.00%

Chart of the Day


Latest News
November 05, 2025 at 10:32 AM GMT+05:00

NETSOL approves sale of treasury shares to employees under ESOS


November 05, 2025 at 10:07 AM GMT+05:00

CDNS revises profit rates on National Savings Schemes


November 05, 2025 at 10:00 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

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