Tag Archives: PRL

Chinese Firm Pledges $1 Billion for PRL Upgradation A Chinese investment corporation has agreed to invest $1 billion in Pakistan Refinery Limited (PRL) to support its upgradation project. This move will significantly enhance the refinery’s production capacity, boosting it from 50,000 barrels per day to 100,000 barrels per day. However, the Chinese firm has placed a strict condition on the …

Introduction: In a recent development, Pakistan Refinery Limited (PRL) and Air Link Communication Limited (AIRLINK) have expressed their interest in acquiring a controlling stake in Shell Pakistan Limited (SHEL). The news, announced through Next Capital Limited, has generated considerable attention in the Pakistan Stock Exchange (PSX) and the local business community. This article explores the details of the proposed acquisition …