STAFF REPORT IBD: The oil refineries are reluctant to produce clean energy petroleum products according to minimum international standard Euro-II, which has shifted the entire burden on the Ministry of Petroleum and Natural Resources.

A crucial meeting of oil refineries, officials of the Ministry of Petroleum and Natural Resources and Ministry of Climate Change has recently been held with Federal Minister of Environment Rana Farooq Saeed Khan in chair to review the progress of oil refineries regarding the production of Euro-II compliance oil and lubricant products.

Terming the oil refineries as mafia, the environment minister said, “Oil mafia is responsible for crucial energy crisis in the country.

The environment minister said the oil mafia refrained from building Kalabagh Dam,” he maintained.

The representatives of oil refineries were of the view that they are ready to implement the proposal of Ministry of Environment regarding the production of Euro-II compliant products particularly diesel oil, however, the investment of more than $300 million to $400 million is required to install one processing plant to acquire minimum volume of Sulphur 0.05ppm as per international Euro-II standard to produce clean energy fuel products.

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