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




Extra Ordinary General Meeting...NRL has moved an application to SECP for withholding of dividend of those shareholders who have not provided copies of CNICs. List of such shareholders is attached in NRL’s Shares Section of the website.

The Annual General Meeting of National Refinery Limited is scheduled to be held on September 21, 2015 at 1600 hours at Marriott Hotel, Karachi.

The Annual General Meeting of National Refinery Limited is scheduled to be held on September 21, 2015 at 1600 hours at Marriott Hotel, Karachi.

National Refinery Limited (NRL) has achieved the financial close of the financing arrangements for Rs.24.2 billion in connection with NRL Up-gradation Project, which comprises of Diesel Hydro Desulphurisation (DHDS) and Isomerisation (ISOM) Projects and auxiliary units, with consortium of local banks that includes United Bank Limited as the Agent and Habib Bank Limited as the Trustee.

In relation to NRL Up-gradation Project i.e., Diesel Hydro Desulphurisation (DHDS) and Isomerisation (ISOM) Projects, the Board of Directors of the Company has approved signing of Supply and Construction Agreements with Hualu Engineering & Technology Co., Ltd. (CNCEC-HUALU) and China National Chemical Engineering No.7 Construction Company Limited respectively.
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