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, but has in fact become one of the largest business
groups within the country.
The group emerged as a conglomerate with the following component Companies:
1. Pakistan Oilfields Limited www.pakoil.com.pk
2. Attock Petroleum Limited www.apl.com.pk
3. Attock Refinery Limited www.arl.com.pk
4. Attock Cement Pakistan Limited www.attockcement.com
5. National Refinery Limited www.nrlpak.com
6. And other Companies not listed on stock exchange(s).
Like all other listed companies, National Refinery Limited is governed by its Memorandum and Articles of Association,
Code of Corporate Governance and the Companies Ordinance 1984.
The Board of Directors of the Company has a Chairman and the Company is run under management of the Chief Executive Officer & Deputy Chairman,
aided by Deputy Managing Director and an Executive Committee. All functional heads report to the Chief Executive Officer – an Organization Chart
has been put on display separately