NPPMCL urges SBP to release foreign currency in exchange for maintenance payments – Trendy Blogger

NPPMCL urges SBP to release foreign currency in exchange for maintenance payments

 – Trendy Blogger

National Power Parks Management Company (Private) Limited (NPPMCL), a government-owned independent power producer (IPP), has invited the State Bank of Pakistan (SBP) to approve the transfer of US$4.7 million to General Electric (GE) for… Maintenance work. Of power plants powered by liquefied natural gas (RLNG). According to media reports, the payment delay is due to … Read more

The country’s largest oil refinery will close its doors until November 18 due to maintenance work – Trendy Blogger

The country’s largest oil refinery will close its doors until November 18 due to maintenance work

 – Trendy Blogger

An undated photo of the Barco refinery. — Barco website/file The refinery will remain closed from October 10 to November 18 Barco meets 40-50% of the country’s oil needs. The facility can process 120,000 barrels of crude oil per day. KARACHI: Pak Arab Refinery Limited (Parco), the country’s largest oil refinery, is set to shut … Read more