Pakistan refineries warn $6bn upgrade at risk due to fuel price deregulation plan

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Pakistan خبریں

Fuel Price Deregulation,Fuel Prices,Pakistan Refineries

Say they require Ogra protection through ‘pragmatic and supportive measures’

Regulator notes the suggestion aims at boosting competition and protecting public interestKARACHI – Pakistan 's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of the country's top refiners said in a letter to the country's oil regulator.

As part of the change, Ogra proposed scrapping or reviewing a rule that requires fuel buyers to purchase supply from local refineries, another issue the refiners said could result in "disastrous consequences". "The refining sector requires Ogra support through pragmatic and supportive measures, rather than suggesting ways that if implemented would result in their permanent closure," the refiners told Ogra on Monday in a letter, which was reviewed by Reuters.

Fuel Price Deregulation Fuel Prices Pakistan Refineries Price Deregulation Fuel Prices Reduction Refineries Upgradation

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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