the strategic and domestic fuel requirements of the country. The Refinery has a capacity of processing 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
What is the petroleum market in Pakistan?
PETROCHEMICAL MARKET IN PAKISTAN2.1. Oil Refineries in PakistanCurrently, there are five organizations operating in the oil refining sector in Pakistan: Pak-Arab Refinery Limited (PARCO), Attock Refinery Limited (ARL), National Refinery Limited (NRL , Pakistan Refinery Limited (PRL) and Cnergyico Pk Limited (CPL). All of the re
What is the production and consumption of oil in Pakistan?
ining Industry and the Petroleum Products’ Production and Consumption in Pakistan Pakistan’s oil refining cap city is about 450,000 barrels per day (bpd), equivale Upgrade Isomerization)Hydroskimming120,0005.5Total Capacity450,00020.5Compared to the 20 million t
What is a refinery in a petroleum value chain?
ECTION 1INTRODUCTION TO REFINERIES1. INTRODUCTION TO REFINERIESThe first el ment of the petroleum value chain is the extraction of crude oil. An oil refinery is an industrial plant that processes the crude oil to roduce diesel, gasoline and other energy and non-energy products. Gene al Refining Process All products are produced s
What happens if a refinery defaults in Pakistan?
enforceable (with a recourse) settlement is reached with the Government of Pakistan. Till such time, the defaulting refinery will deposit the incremental incentives into IFEM pool. Once a settlement is reached with the GOP, the refinery will become eligible to sign the Upgrade Agreement and open a joint Escrow Acc
What materials are used in petrochemical industry in Pakistan?
bulk consumption is of Polyethylene (PE) and Polypropylene (PP). At present, the petrochemical industry of Pakistan is limited to production of Polyvinyl Chloride (PVC), Polystyrene (PS), Synthetic Fibers, (i.e. polyester), and Purified erephthalic Acid (PTA) and Polyethylene Terephthalate PET resins. There is no production of any