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The Nexus
BUSINESSJul 28 · 13:17 UTCDAWN[email protected] (Khaleeq Kiani)

Govt finally revamps oil refining policy; what does it mean?

The Pakistani government approved the Brownfield Refining Policy to modernize existing refineries with a $6bn investment, aiming to increase petrol and diesel production while reducing furnace oil output. The policy includes tax incentives, foreign exchange benefits, and energy security measures, requiring refineries to upgrade to Euro-V emission standards.

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Mentioned
PakistanplaceBrownfield Refining PolicytopicCabinet Committee on Energy (CCoE)organizationShehbaz SharifpersonPakistan State Oil (PSO)organizationEuro-V emission specificationstopicOil and Gas Regulatory Authority (Ogra)organizationPetroleum Divisionorganization
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Govt finally revamps oil refining policy; what does it mean? · The Nexus