Furnace oil consumption will be phased out by 2031
Hammad says government is finalising a new refinery policy to shift refineries away from production of FO
National Refinery, Attock Refinery report losses for Jul-Dec 2019
Directs local refineries to keep furnace oil output at the minimum
Cabinet body imposes ban on oil imports, launches investigation
Committee was informed it was a violation of economic merit order
Directs PSO to start purchasing fuel oil for supply to power plants
Plans to capitalise on demand for petroleum products
NEPRA data shows there was a 51% fall in production through furnace oil
Overall, oil sales rise 10% to 2.43 million tons in May 2017