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Attock Refinery temporarily shuts main crude facility amid crude unavailability
Attock Refinery temporarily shuts main crude facility amid crude unavailability

Business Recorder

time27-05-2025

  • Business
  • Business Recorder

Attock Refinery temporarily shuts main crude facility amid crude unavailability

Attock Refinery Limited (ARL), a key player in Pakistan's downstream petroleum sector, has temporarily shut down its main crude distillation unit amid low crude oil availability. The listed refinery shared the development in a Tuesday notice to the Pakistan Stock Exchange (PSX). 'We wish to inform you that ARL has shut down its main crude distillation unit (32,400 BPSD [barrels per stream day] capacity) due to very low crude stocks,' read the notice. The distillation unit will remain shut till June 01, 2025. The refinery shared that the shutdown is due to insufficient crude oil availability from local oilfields, which has disrupted the refinery's operations. Attock Refinery denies sale rumours, share price plummets 'Owing to imported liquefied natural gas (LNG), there has been persistent high SNGPL system pressure, resulting in forced curtailment of gas production from local oilfields. This has also resulted in a reduction of crude oil production and supplies to ARL from the oilfields,' the company stated. At the time of filing this report, the share price of ARL was hovering at Rs664, a loss of Rs4.49 or 0.67%. Attock Refinery was incorporated in Pakistan on November 8, 1978, as a private limited company and was converted into a public company on June 26, 1979. It is principally engaged in the refining of crude oil. The company is a subsidiary of the Attock Oil Company Limited, England, and its ultimate parent is Coral Holding Limited (a private limited company incorporated in Malta).

Operation Sindoor has become a new example of women's leadership: Minister Devi
Operation Sindoor has become a new example of women's leadership: Minister Devi

Time of India

time25-05-2025

  • Politics
  • Time of India

Operation Sindoor has become a new example of women's leadership: Minister Devi

1 2 3 Nagpur: Union minister of women and child development Annapurna Devi said that the recently conducted ' Operation Sindoor ' became a new example of women's leadership on Sunday. Speaking at the one-day national conference on philosopher queen Devi Ahilyabai Holkar at IIM-Nagpur in Mihan, the union minister said our daughters in the armed forces gave a befitting reply to the cowardly terror act in Pahalgam last month. She also pointed out that Holkar was ahead of her times and introduced social reforms 300 years ago which continue to inspire the Modi govt too. "In the 93-year-old history of IMA, the first women's batch will pass out next month after training to lead the armed forces and demonstrate their bravery. Devi Ahilyabai too emphasised building defence capabilities. Our women soldiers made it clear that water and blood will not flow together. Mission Sindoor became a new example of women's leadership," she said. The union minister added, "Holkar was ahead of her time. She introduced the adoption of widows and orphans besides giving them rights of inheritance. She was born 300 years ago in a simple family, but she was a visionary and took society ahead," she said. "Modiji is inspired by her and took several decisions for women empowerment , like the abolition of triple talaq to protect the rights and education of Muslim women, training, and skill development programmes for women," the minister said. Annapurna Devi said Ahilyabai Holkar too believed that a society can only progress when both men and women get the same rights and opportunities, pointing out that budget allocation has been hiked to Rs4.49 lakh crore for women and the girl child. The central govt's pledge of 'Sabka Saath Sabka Vikas' and good governance is inspired by the legacy of Ahilyabai Holkar, she said. "Queen Ahilyabai Holkar, while managing the politics of Malwa, not only developed pilgrimage sites but also made life easier for the people in her state," Annapurna Devi said. The one-day conference was jointly organised by the Devi Ahilyabai Memorial Committee-Nagpur, Mythic Society-Bangalore, IIM-Nagpur, Smt Manoramabai Mundle College of Architecture-Nagpur, and Maharashtra National Law University-Nagpur to commemorate the 300th birth anniversary of Holkar. Rashtriya Sevika Samiti's pramukh sanchalika Shantakka and IIM Nagpur's director Bhimaraya Metri were present. Annapurna Devi said while managing her state, Ahilyabai Holkar developed pilgrimage sites from Kashi to Somnath. "She built roads, rest houses, and ghats. These places are our sites of reverence. Lokmata Ahilya Holkar not only developed religious pilgrimage sites but also improved the standard of living for the people," she said. The minister also underlined how Holkar's life inspired good governance, Amrit Bharat Stations, Smart City Mission, Ujjwala Yojana, Ayushman Bharat Yojana, 'Mission Shakti', Pradhan Mantri Matru Vandana Yojana and National Education Policy.

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