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| ''Pakistan Refinery Limited'' is located ], ], ]. ] was incorporated in ] as a public limited company in ] ] and is quoted on ] and ] ]. The address of its registered office is ] ], ]. The company is engaged in the ] and ] of ]. | ''Pakistan Refinery Limited'' is located ], ], ]. ] was incorporated in ] as a public limited company in ] ] and is quoted on ] and ] ]. The address of its registered office is ] ], ]. The company is engaged in the ] and ] of ]. | ||
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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.
Vision and mission
The vision of the company is:
To be the refinery of first choice for all stakeholders.
The following is the Company's mission statement:
PRL is committed to remaining a leader in oil refining business of Pakistan by providing value added products that are environmentally friendly, and by protecting the interest of all stakeholders in the competitive market through a sustainable development and quality human resources.
History
On February 6, the foundation stone was laid by the then Minister for Fuel, Power and Natural Resources. By July, the silhouette of the Refinery could be seen as it appears today. In addition to this construction at Korangi, it was necessary to build a Tank Farm at Keamari. There the crude oil to be discharged from tankers in the Karachi harbour could be stored, before being transferred to the Refinery tanks at Korangi.
On October 28, the plant came into operation two months ahead of schedule. It incorporates some of the most modern refinery equipment and techniques. On November 14, the opening of the Refinery was performed by Field Marshal Muhammad Ayub Khan, President of Pakistan. The design capacity of the Refinery was to process 1 million tons of crude oil annually, but that very year it was decided to expand the capacity of the Refinery to 2.1 million tons per annum, as soon as possible after operations had commenced.
Today
Today, Products derived from refining of crude oil meet an overwhelming part of the world energy needs. PRL , since inception has been the principle manufacturer and supplier of petroleum products to the domestic markets, Pakistan Defense Force and Railways. It continues to server the energy needs of the country with professional excellences and high degree of commithment. PRL takes pride in the competitive edge it enjoys of respect of efficiency, lower operating cost, high quality human resource, reliability and introduction to newer geration technologies.
The Company
The company's affairs are managed by the Board of Directors. There are 11 members on the Board of PRL (including the Managing Director & CEO). 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.
Facilities
The refinery operates through following facilities:
Crude Distillation Unit Hydrodesulfurization Unit Platforming Unit Steam Generating Unit Utilities - Water Treatment Units. Power Generators & Desalination Plant Tankfarm - Storage facilities for Crude and Products Main office building 6" dia. JP-1 Cross-country Pipeline from Korangi to Airport
See also
External links
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