KARACHI: Pakistan Refinery Limited (PRL) will shut down its operations from December 10 for approximately 20 days, the company said in a notice sent to the Pakistan Stock Exchange (PSX) on Friday.
“This is to inform you that PRL is carrying out its regeneration shutdown starting from 10th December 2022… Consequently, the refinery will be shut down during this period,” read the notice.
Earlier, the Oil and Gas Regulatory Authority (OGRA) barred PRL from shutting down in December 2022 to meet diesel requirements in the winter months.
In its letter, OGRA instructed PRL to strictly adhere to the prior instructions and refrain from shutting down until February 2023 in order to serve the interests of the country.
The OGRA also referred to PRL’s letter from October 13, 2022, and noted that the Oil Supply Chain Department of the OGRA had reviewed PRL’s request for a temporary shutdown in light of the current demand-supply trend for POL products. The OGRA continued by requesting that PRL reevaluate its technical and HSE issues and reschedule the proposed shutdown to the first half of February 2023 in light of the high demand for diesel during the winter season and the significant
On the coastal belt of Karachi, Pakistan, PRL is a hydro skimming refinery built to handle both imported and domestic crude oil that was established in Pakistan in 1960 as a public limited corporation.
About 50,000 barrels of crude oil may currently be processed every day at the refinery to produce petroleum products such furnace oil, high-speed diesel, kerosene oil, jet fuel, and motor gasoline, among others.
