Pakistan Refinery
Pakistan Refinery Limited is located Karachi, Sindh, Pakistan. Pakistan Refinery was incorporated in Pakistan as a public limited company in May 1960 and is quoted on Karachi and Lahore stock exchanges. The address of its registered office is Korangi Creek Road, Karachi. The company is engaged in the production and sale of petroleum products.
History
The foundation stone was laid by the then Minister for Fuel, Power and Natural Resources in late 1950s. Within 4 months the silhouette of the Refinery could be seen as it appears today. In addition to this construction at Korangi, a Tank Farm at Keamari has been built to facilitate the storage and transfer the crude oil from Karachi port to the Refinery.
The plant came into operation in October 1962, two months ahead of schedule. The official opening of the Refinery was commemorated by Field Marshal Muhammad Ayub Khan, the then President of Pakistan on November 14, 1962. The design capacity of the Refinery was 1 million tons of crude oil per annum, but was increased to 2.1 million tons per annum later.
The company
The refinery is a hydro-skimming refinery, and produces high speed diesel, furnace oil, motor spirit, Naphtha, kerosene, jet fuels and liquified petroleum gas. All the products are sold locally except for naphtha which is exported.