Pakistan’s refinery upliftment jumps 37.3% to 3.19 million tonnes in 1QFY27

Profit reported that refinery upliftment in Pakistan rose 37.3% year-on-year to 3.192 million tonnes in 1QFY27. Research from Arif Habib Limited linked the increase to stronger petrol, high-speed diesel and furnace oil volumes. Furnace oil posted the largest product-wise gain, climbing 81.9% to 700,000 tonnes.

Attock Refinery Limited (ATRL) recorded the sharpest first-quarter growth among the covered refineries, as volumes more than doubled, up 108.5% to 518,000 tonnes. Cnergyico PK Limited (CNERGY) followed with an 86.5% rise to 454,000 tonnes, while Pakistan Refinery Limited (PRL) and National Refinery Limited (NRL) grew 41.3% and 37.6%. PARCO, the largest refinery by volume, posted a more modest 11.5% increase to 1.34 million tonnes.

In September alone, upliftment climbed to 1.084 million tonnes, up 32% year-on-year and 12.5% month-on-month, while refinery production rose 23.8% in the quarter to 3.09 million tonnes. Industry capacity utilisation was 59.5% in September, up from 50.7% a year earlier but lower than the 65.1% recorded in August.