Pakistan Refinery announces $1.2bn expansion
KARACHI: State owned Pakistan Refinery Limited (PRL) has announced a $1.2 billion expansion, which would increase crude processing capacity to 100,000 barrels/day. Moreover, with this expansion, PRL will comply with the requirements to produce Euro-V compliant high speed diesel (HSD) and Motor Spirit (MS). Company will also achieve self-sustainability by upgrading from hydro-skimming refinery to…