stainless steel sunflower oil refining line in pakistan

   
stainless steel sunflower oil refining line in pakistan
                                               
                                               
                                               
                                               
  • stainless steel sunflower oil refining line in pakistan
  • Why did Pakistan impose fines on National Refinery Limited?
  • In 2017, the Supreme Court of Pakistan imposed fines on National Refinery Limited for missing its due payments to the crude oil supplier Saudi Aramco which then State Bank of Pakistan had to step in and make those payments in the form of foreign currency.
  • What is National Refinery Limited?
  • It is a petroleum refinery and petrochemical complex engaged in the manufacture and sale of asphalts, BTX, fuel products and lubes for domestic consumption and export. National Refinery Limited is the second largest capacity refinery of Pakistan in terms of crude oil processing facilities and is the only lube oil refinery of Pakistan.
  • Who is the guarantor of Saudi Aramco & National Refinery Limited?
  • State Bank of Pakistan acts as the sovereign guarantor of payments made on time between the National Refinery Limited and the Saudi oil company Saudi Aramco.
  • Which oil companies are based in Saudi Arabia?
  • The company's major purchases are made from Saudi Aramco, an oil company based in Saudi Arabia, with a history of no default up to the financial year ending 30 June 2011. Crude oil is also received on a regular basis from the domestic oil companies in Pakistan.