Pakistan Oil Refineries warn federal government through a SOS call

Pakistan Oil Refineries warn federal government through a SOS call

ISLAMABAD - – Pakistan oil refineries sent a SOS to the Ministry of Energy saying the throughput has reached 60 percent to 70pc because their tanks have topped up with furnace oil with no ullage, permission require otherwise all supply chain of petroleum products would likely to be derailed.

Oil Companies Advisory Council comprising of Pak Arab Refinery, Attock Refinery, National Refinery and Pakistan Refinery sent separate letters to Ministry of Energy giving warning that the government should take a holistic view of the whole situation as continuous pile up of the furnace oil will break down the refining of other petroleum products resulting in shortage across the country.

From November 1 to November 21 only, around 69,000 metric tons or 3,285 metric tons per day of furnace have been sold by the oil marketing companies as such all refineries have already slowed down and are generally operating at their lowest levels and are heading towards imminent shutdown, the letter of Oil Companies Advisory Council said.

The industry/refineries have already proposed a general guideline that a minimum of 10,000 mtons or 300,000 mtons per month of furnace oil should be made mandatory part of energy mix for power/electricity generation to take care of local refineries production uniformly throughout the year irrespective of seasonality.