Tag Archives: the oil refining sector has asked the government to immediately announce petroleum refining policy and keep at least 1

ISLAMABAD: Highlighting the repeated ‘scarcity and glut’ cycles of petroleum products, the oil refining sector has asked the government to immediately announce petroleum refining policy and keep at least 1,500 MW of power plants running on furnace oil (FO) to ensure existing refineries operate optimally for minimal product imports. “The unfortunate delay in final approval of the refining policy may …

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