Karachi December 9 2022: Pakistan Refinery Limited (PRL) is carrying out its regeneration Shutdown starting from 10th December 2022 for approximately 20 days and consequently, the Refinery will be shut down during this period, according to the company filing to the exchange.
Pakistan Refinery Limited (PRL) was incorporated in Pakistan as a Public Limited Company in May 1960 and is quoted on the Pakistan Stock Exchange. The Refinery is situated on the coastal belt of Karachi, Pakistan. PRL is a hydro skimming refinery designed to process various imported and local crude oil to meet the strategic and domestic fuel requirements of the country. The Refinery has a capacity of processing approximately 50,000 barrels per day of crude oil into a variety of distilled petroleum products such as Motor Gasoline, High Speed Diesel, Furnace Oil, Jet Fuels, Kerosene Oil and Naphtha.
The Refinery is operating at two locations – the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.
PRL since inception has been the principal manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. It continues to serve the energy needs of the country with professional excellence and high degree of commitment. PRL takes pride in the edge it enjoys over its competitors in respect of efficiency, lower operating cost, high quality human resources, reliability and introduction of newer generation technologies.
The operations of the Company are managed by the Refinery Leadership Team which is led by the Managing Director and Chief Executive Officer of the Company and is responsible for ensuring that the policies and strategies as approved by the Board are implemented whilst maintaining a culture of openness, integrity, accountability and commitment to the Company’s Principles.
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