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The Express Tribunetribune.com.pk

Policy flaws block foreign oil storage (opens original article in a new tab)

TL;DR

Pakistan's 2023 policy issues prevent foreign oil storage investments, while pricing disputes threaten $6b refinery projects.

  • Pakistan's 2023 policy flaws hinder foreign oil storage investments
  • Revised oil pricing formula causes Rs46/litre diesel and Rs11/litre petrol burden on refineries
  • Foreign suppliers not established under policy despite government efforts
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