ISLAMABAD - The government is making all-out efforts to upgrade existing oil refineries and establish new deep conversion facilities to achieve self-sufficiency in this sector. “For the purpose, the government has recently banned import of furnace oil and announced unprecedented incentives ...

ISLAMABAD - Pakistan oil refineries are facing a threat of a shutdown as per the latest media report. The stocks of furnace oil are piling up as imports of the commodity continue and cheaper liquefied natural gas (LNG) keeps being ignored. The top government functionaries were bewildered by the ...

ISLAMABAD - – Pakistan oil refineries sent a SOS to the Ministry of Energy saying the throughput has reached 60 percent to 70pc because their tanks have topped up with furnace oil with no ullage, permission require otherwise all supply chain of petroleum products would likely to ...

Shahid Khaqan Abbasi says government has delivered by mitigating energy crisis in the country.Prime Minister Shahid Khaqan Abbasi has said that steps have been taken for establishment of oil refineries and transmission of oil through pipeline instead of trucks.Inaugurating Pakistan Oil and Gas ...

ISLAMABAD: (APP) Pakistan is moving fast towards achieving self-reliance in crude oil production after the government accelerated exploration of indigenous hydrocarbon resources over the last three years."Capacity to produce crude oil and its indigenous refining is increasing gradually. Now, the ...