On October 10, 2024, Pak-Arab Refinery Limited (Parco), the largest oil refinery in Pakistan, began a scheduled maintenance shutdown expected to last until November 18. This maintenance, which occurs every few years, is crucial for addressing mechanical, civil, and structural upgrades in the refinery. Parco processes around 120,000 barrels of crude oil daily and meets 40-50% of Pakistan’s petroleum needs. Despite concerns, authorities have assured that there will be no fuel shortage during this period as contingency plans include increased imports and storage(
Parco’s maintenance is not an isolated case, as other refineries in the country have faced similar closures earlier this year. The Oil and Gas Regulatory Authority (OGRA) and the Ministry of Energy have implemented strategies to ensure consistent fuel supplies. These include leveraging the country’s 70% reliance on imported fuel to balance the temporary loss of local production
Descon Engineering Ltd has been contracted to manage the maintenance. With oil companies maintaining at least 20 days’ worth of petroleum products, combined with refineries’ stocks, officials are optimistic about avoiding disruptions in fuel availability across Pakistan(
Home).
Topics #featured #trending pakistan