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Pakistan’s largest oil refinery inks 20-year deal to use Asia Petroleum Limited’s pipeline
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Pakistan’s largest oil refinery inks 20-year deal to use Asia Petroleum Limited’s pipeline
Cnergyico Pk Limited (CPL), Pakistan’s 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’s 14-inch pipeline system for a proposed term of 20 years. The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. The notice said that the arrangement will enable transportation of high-speed diesel (HSD) from CPL’s refineries …
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