Attock Refinery Limited Reduces Throughput Due to Crude Oil Shortage

Attock Refinery Limited (ARL), a prominent entity in Pakistan’s downstream petroleum industry, has announced a decrease in its production rate because of limited crude oil availability.

The publicly traded refinery disclosed this update in a notification submitted to the Pakistan Stock Exchange (PSX) on Wednesday.

“We would like to inform you that we have been observing a reduction in crude oil deliveries for a certain period,” the company stated.

ARL further explained that this situation became more challenging during the Eid holidays, resulting in diminished crude oil reserves at the refinery.

The company anticipates that the supply situation will stabilize within the next week.

Attock Refinery was initially established in Pakistan on November 8, 1978, as a private limited entity before converting to a public company on June 26, 1979. Its primary activity involves refining crude oil.

The refinery is a subsidiary of The Attock Oil Company Limited, based in England, with Coral Holding Limited, a private company registered in Malta, as its ultimate parent company.