refineries

Pushes for inking deals with companies to increase output, produce clean fuels

Contend local stocks are available, only products in deficit should be imported

Amended policy guarantees 7-year protection for refineries upgrading plants

Suffer huge losses in export of furnace oil as domestic demand dips

Many companies are making heavy investment to ramp up business

Ask govt to defer their implementation, resolve matter first

Industry official stresses on bailout package, fortnightly pricing to avoid oil crisis in future

May face shutdown if furnace oil supply remains suspended

Installation of hydrocracking units may take months or more than a year

UAE firm will set up, invest $5b in the 100,000-bpd refinery in Hub

Stocks have swelled as domestic demand goes down sharply

ECC approves summary moved to withdraw increase in duty on sale of diesel