Pakistan-Russia oil trade in doubt as refineries lose appetite

fuel-oil

KARACHI: Pakistan might not import another cargo of Russian crude oil as neither country has made any moves for the purpose nor have the local refineries shown any interest, The News learnt on Wednesday. With the current government’s tenure expiring in less than a week, the government has not given any indication that it would be placing another order with…

Read More

CCE to greenlight plan to upgrade ageing oil refineries on August 7

PRL-eyes

ISLAMABAD: The Cabinet Committee on Energy (CCE) is expected to greenlight a plan to upgrade the country’s aging oil refineries on August 7, a senior official at the Energy Ministry told The News on Wednesday. The Oil Refining Policy 2023, which has been delayed for months, aims to boost the efficiency and output of the local refineries, which mostly process…

Read More