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

By 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	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,800.00	107,860.00 107,555.00	-435.00 -0.40%
BRENT CRUDE	66.63	67.20 65.92	-0.17 -0.25%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.96	65.01 64.83	-0.15 -0.23%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%