{"id":29818,"date":"2026-02-26T07:43:45","date_gmt":"2026-02-26T07:43:45","guid":{"rendered":"https:\/\/gsrra.com\/?p=29818"},"modified":"2026-02-26T07:43:47","modified_gmt":"2026-02-26T07:43:47","slug":"pakistans-largest-oil-refinery-inks-20-year-deal-to-use-asia-petroleum-limiteds-pipeline","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=29818","title":{"rendered":"Pakistan\u2019s largest oil refinery inks 20-year deal to use Asia Petroleum Limited\u2019s pipeline"},"content":{"rendered":"\n<p><a href=\"https:\/\/youtube.com\/channel\/UCFWx0mweS7ExXjs3s_wH0CQ\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.facebook.com\/BusinessRecorder\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.instagram.com\/businessrecorder\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/twitter.com\/brecordernews\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.brecorder.com\/feeds\/latest-news\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><strong>Cnergyico Pk Limited (CPL), Pakistan\u2019s largest oil refinery, said on Wednesday it had ratified the execution of a Head of Terms Agreement with Asia Petroleum Limited (APL) for the utilisation of APL\u2019s 14-inch pipeline system for a proposed term of 20 years.<\/strong><\/p>\n\n\n\n<p>The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today.<\/p>\n\n\n\n<p>The notice said that the arrangement will enable transportation of high-speed diesel (HSD) from CPL\u2019s refineries to the Zulfiqarabad Oil Terminal, with onward connectivity to the White Oil Pipeline (WOP) system and storage terminals at Port Qasim.<\/p>\n\n\n\n<p>\u201cThe agreement outlines the agreed commercial and regulatory framework for pipeline-based transportation and contemplates execution of definitive agreement(s), subject to fulfilment of specified conditions precedent, including requisite governmental and regulatory approvals and completion of connectivity.\u201d<\/p>\n\n\n\n<p>The company further said that the proposed arrangement is expected to reduce reliance on road transportation, thereby minimising road congestion and accident risks.<\/p>\n\n\n\n<p>The arrangement will also enhance supply chain reliability through direct refinery-to-terminal connectivity and access to the WOP system, read the notice.<\/p>\n\n\n\n<p>Cnergyico Pk is vertically integrated across the oil refining and marketing industries and owns and operates a crude oil terminal.<\/p>\n\n\n\n<p>The company also operates Pakistan\u2019s biggest oil refinery in terms of nameplate capacity, the largest capacity crude oil storage tanks in the country, and a network of petrol pumps.<\/p>\n\n\n\n<p>Cnergyico was incorporated in Pakistan as a public limited company in 1995. It was previously known as Byco Petroleum Pakistan Limited.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/www.brecorder.com\/news\/40408908\" target=\"_blank\" rel=\"noopener\">https:\/\/www.brecorder.com\/news\/40408908<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cnergyico Pk Limited (CPL), Pakistan\u2019s largest oil refinery, said on Wednesday it had ratified the execution of a Head of Terms Agreement with Asia Petroleum Limited (APL) for the utilisation of APL\u2019s 14-inch pipeline system for a proposed term of 20 years. The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[27376,27377,6690,27375,24061,483,26741],"class_list":["post-29818","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-20-year-deal","tag-asia-petroleum-ltd","tag-energy-3","tag-largest-oil-refinery","tag-oil-gas-4","tag-pakistan-2","tag-transmission-2","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/29818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29818"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/29818\/revisions"}],"predecessor-version":[{"id":29820,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/29818\/revisions\/29820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/29819"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}