Islamabad December 13 2023: Attock Refinery decreased it’s refinery through put to manage higher inventories of gasoline and diesel, according to the company filing to the exchange.
Attock Refinery informed that the dispatch pattern for the current month of December 2023 continues to remain depressed, as a result stocks of Premier Motor Gasoline (PMG) & High-Speed Diesel (HSD) have reached to a very high levels with very little/no ullage in storage tanks especially PMG.
To manage high stocks of these products, company has shut down two of our crude distillation units temporarily to manage refinery operations. Accordingly, we would now be operating at throughput of about 60%. This if continue would result in curtailment of crude intake from oilfields with adverse effect on associated gas as well.
It has also been intimated to OGRA that surplus inventories of products are available to meet the market demand.