Ministry of Energy Urges Crackdown on Iranian Petroleum Smuggling
“The Ministry of Interior and the FBR are urged to take immediate and decisive action to rectify this critical issue,” stated the OCAC letter, stressing the urgency of the matter.…
Saudi Aramco Reviews Pakistan’s $10.5 B Green Refinery Project In Hub
The $10.5 billion refinery will be built with a loan-to-equity ratio of 70:30, with Saudi Aramco and Pakistan State Oil (PSO) splitting the equity stake equally. The engineering, procurement, and…
Guidelines Issued For Import Of Crude Oil Via Custom Bonded Storage
The decision infuriated the current refineries, who demanded a meeting with the top brass to further develop the idea. The Petroleum Division, however, paid no heed to their request. The…
Govt Plans To Build New Refinery To Meet Country’s Energy Needs
In order to meet the energy needs of Pakistan, the government has planned to construct a new refinery, according to the minister of state for petroleum. In order to meet…
Pakistan To Receive Cheap Russian Oil Soon: Prime Minister
The crude oil would first be refined by the Pakistan Refinery Limited (PRL) as a test run, and then Pak-Arab Refinery Limited (PARCO) and other refineries would follow. The country…