Karachi: Attock Refinery Limited has disclosed a reduction in its refinery throughput due to a decline in crude oil receipts, according to a statement issued by the company. The reduction comes in compliance with the regulatory requirements outlined in clause No. 5.6.1 of the Rule Book of Pakistan Stock Exchange (PSX) and sections 96 and 131 of the Securities Act, 2015, along with Notification SRO. No. 143(I)/2012.

The refinery has been experiencing a significant decrease in crude oil supplies, a situation that intensified during the recent Eid holidays, resulting in low stock levels of crude oil. This development has necessitated a cutback in the refinery's processing capacity. The company has assured stakeholders that the situation is expected to improve within one week, aiming to restore normal operations.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of material information is essential for transparency and informs TRE Certificate Holders of the current operational challenges. This ensures that the stakeholders are adequately informed about the company's operational status.

Attock Refinery Limited has requested the dissemination of this information to the TRE Certificate Holders of the exchange, underscoring the importance of regulatory compliance and transparency in operations. The company remains committed to addressing the challenges posed by the current decline in crude oil receipts and is working towards normalizing the throughput levels at the earliest.