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In April 2007 it was announced that work on the refinery was due to start in the following month (May 2007). The refinery was originally due to be commissioned in the first quarter of 2009. The refinery was, at this point, predicted to cost US$750 million to build, and would have led to a 35% increase in Pakistan's refining capacity, with a ...
At its peak during 1986, the field was producing approximately 2,400 barrel of oil per day. It has grown steadily since then, producing both oil and, to a lesser degree, natural gas. [3] Oil production was entirely confined to the Punjab till 1981, when Union Texas Pakistan discovered its first oil-field in Lower Sindh. By 1998-1999, the Lower ...
In 2005, it received oil marketing license from the government. [4] In 2014, Hascol was listed on the Karachi Stock Exchange. [4] In 2017, the company announced that it was investing US$20 million, in collaboration with Fuchs, to set up a new plant in Bin Qasim, Karachi. [5] In the same year, it became second-largest oil marketing company in ...
Karachi East Karachi West Karachi South Karachi Central Malir Korangi Kemari. Cantonments A. Karachi Cantonment B. Clifton Cantonment C. Korangi Creek Cantonment D. Faisal Cantonment E. Malir Cantonment F. Manora Cantonment
Karachi the economic capital of Pakistan. Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]
Unity Foods Limited, formerly known as Taha Spinning Mills, is a Pakistani food company headquartered in Karachi. [3] It is a subsidiary of Singaporean multinational company, Wilmar International. [4] Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector. [5]
The Bin Qasim Industrial Zone is one of the largest industrial areas in Karachi, Sindh, Pakistan. It consists of more than 25,000 acres of land in the Port Qasim (Bin Qasim) town area. Contained within this zone are many industrial units, ranging from medium to large in employment volume.
Tola gold and minigold are deliverable contracts. Furthermore, there are two contracts in Silver – 100 ounce and 500 ounce and two contracts in Crude Oil – 10 barrels and 100 barrels. The smaller lot sizes for Silver and Crude Oil were introduced very recently in June 2011. The exchange registered trading volume of Rs 306 billion in October ...