National Refinery Limited

New CUIN Registration number 0001747 NTN-No 0711325-7

National Refinery Limited ( NRL ) was incorporated on August 19, 1963 as a public limited company. Government of Pakistan took over the management of NRL under the Economic Reforms Order, 1972 under the Ministry of Production, which was exercising control through its shareholding in State Petroleum Refining and Petrochemical Corporation (PERAC).

Intorduction

The management of the Company was taken over by the (Attock) Pharaon Group in Pakistan on July 7, 2005 from Government of Pakistan. The investment of the Pharaon Group in Pakistan have over the past decade achieved phenomenal expansion as a result of which it has not only become the largest stakeholder in the oil and gas sector of the country.

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News


• August 15, 2018 : The Board of Directors of the Company in its meeting held on August 14, 2018 has recommended for final cash dividend @ Rs.10/= per share i.e., 100% for the year ended June 30, 2018.

• August 15, 2018 : The Annual General Meeting of National Refinery Limited is scheduled to be held on October 18, 2018 at 1430 hours at Marriott Hotel, Karachi.

• March 8, 2018 : We are pleased to inform that National Refinery Limited (the Company) has entered into an agreement with M/s. HUALU of China and signed Engineering, Procurement, Construction and Commissioning (EPCC) contract for Revamp of Two-Stage Distillation Unit at Lube-I Refinery. With the contract value of US$ 8.429 million, the total estimated project cost is Rs.1.329 billion approximately. The funding of the project will be arranged by company’s own resources and the said project is expected to be completed in eighteen months. The Revamp Project aims to increase Company’s crude oil processing capacity by 5,000 barrels per day and LBO production by 6,000 M. Tons per year.
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