Attock Refinery Limited shuts main unit as Islamabad security curbs disrupt fuel supply chain

Attock Refinery Limited (ARL), a key player in Pakistan’s downstream petroleum sector, announced on Wednesday that it had shut down its main crude distillation unit (HBU-I) of 32, 400 Barrels Per Stream Day (BPSD) capacity. The listed refinery shared the development in a Wednesday notice to the Pakistan Stock Exchange (PSX). “Due to the expected arrival of foreign delegates in Islamabad, there has been an abrupt suspension of oil tank lorry movement to and from ARL, ” the notice read. The company stated that the situation had adversely affected crude oil receipts and product dispatches, directly affecting refinery operations. “Due to constraints in product dispatch, our stocks of Motor Spirit (MS) and High-Speed Diesel (HSD) have increased significantly. Concurrently, our crude oil receipts have also declined significantly due to the road closures. ” Attock Refinery was incorporated in Pakistan on November 8, 1978, as a private limited company and was converted into a public company on June 26, 1979. It is principally engaged in the refining of crude oil. The company is a subsidiary of Attock Oil Company Limited (England), and its ultimate parent is Coral Holding Limited (a private limited company incorporated in Malta).

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