{"id":30840,"date":"2026-03-23T05:53:24","date_gmt":"2026-03-23T05:53:24","guid":{"rendered":"https:\/\/gsrra.com\/?p=30840"},"modified":"2026-03-23T05:53:27","modified_gmt":"2026-03-23T05:53:27","slug":"pakistans-refineries-move-to-export-furnace-oil-as-domestic-demand-weakens-stocks-build-up","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=30840","title":{"rendered":"Pakistan\u2019s refineries move to export furnace oil as domestic demand weakens, stocks build up"},"content":{"rendered":"\n<p><strong><em>PRL to ship 37,000 tonnes, PARCO and PARL prepare cargoes, NRL seeks OGRA nod for 40,000\u201360,000 tonnes amid storage constraints<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/profit.pakistantoday.com.pk\/wp-content\/uploads\/2021\/12\/furnace-oil.jpg\" alt=\"\" title=\"furnace oil\"\/><\/figure>\n\n\n\n<p>Pakistan\u2019s refining sector is preparing a fresh round of furnace oil exports as refineries move to clear surplus inventories amid weak domestic demand and limited storage capacity.<\/p>\n\n\n\n<p>Pakistan Refinery Limited (PRL) is expected to load around 37,000 tonnes of furnace oil in the coming days, according to industry sources, as part of efforts to manage excess stock.<\/p>\n\n\n\n<p>Pak-Arab Refinery Limited (PARCO) is also arranging exports by the end of March, with sources indicating that logistical planning and buyer coordination are underway to finalise shipments.<\/p>\n\n\n\n<p>National Refinery Limited (NRL), meanwhile, is awaiting approval from the Oil and Gas Regulatory Authority (OGRA) to export between 40,000 and 60,000 tonnes of furnace oil.&nbsp;<\/p>\n\n\n\n<p>Industry sources said the refinery is expected to proceed with cargo nominations and shipping schedules once clearance is granted.<\/p>\n\n\n\n<p>The shift towards exports reflects a structural decline in furnace oil consumption in Pakistan, as the power sector moves towards alternative energy sources, including liquefied natural gas (LNG), hydropower and renewables.<\/p>\n\n\n\n<p>As a result, refineries are facing a build-up of furnace oil stocks, forcing them to either reduce throughput or seek export markets to maintain operations.<\/p>\n\n\n\n<p>Industry stakeholders said exporting surplus furnace oil allows refineries to continue processing crude oil and sustain output of higher-demand products such as petrol and diesel.<\/p>\n\n\n\n<p>However, exports remain subject to challenges, including fluctuations in global demand, pricing pressures and regulatory approvals, which can affect shipment timelines and margins.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/profit.pakistantoday.com.pk\/2026\/03\/20\/pakistans-refineries-move-to-export-furnace-oil-as-domestic-demand-weakens-stocks-build-up\/\" target=\"_blank\" rel=\"noopener\">https:\/\/profit.pakistantoday.com.pk\/2026\/03\/20\/pakistans-refineries-move-to-export-furnace-oil-as-domestic-demand-weakens-stocks-build-up\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRL to ship 37,000 tonnes, PARCO and PARL prepare cargoes, NRL seeks OGRA nod for 40,000\u201360,000 tonnes amid storage constraints Pakistan\u2019s refining sector is preparing a fresh round of furnace oil exports as refineries move to clear surplus inventories amid weak domestic demand and limited storage capacity. Pakistan Refinery Limited (PRL) is expected to load [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30841,"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":[28257,28259,28256,483,28261,28258],"class_list":["post-30840","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-crude-oil-2","tag-domestic-demand-2","tag-furnance-oil-2","tag-pakistan-2","tag-parco-2","tag-refineray","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/30840","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=30840"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/30840\/revisions"}],"predecessor-version":[{"id":30842,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/30840\/revisions\/30842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/30841"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}