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Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan - Markets

KARACHI: Pakistan’s plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6.

National refineryOil gas regulatory authoritySouth asianGas regulatory authorityPakistan refineryPak arab refineryAttock refineryOil amp gas regulatory authorityFuel pricesOil prices

Refineries against fuel price deregulation which Ogra says will boost competition

A letter reads that they require protection through ‘pragmatic and supportive measures’

National refineryOil gas regulatory authority ograSouth asianGas regulatory authorityPakistan refineryPak arab refineryAttock refineryFuel price deregulationFuel pricesPrice deregulationFuel prices reductionEfineries upgradation

Pakistan refiners warn $6 bln upgrades at risk due to fuel price deregulation plan

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.

Sudarshan varadhanSonali paulAriba shahidNational refineryOil gas regulatory authoritySouth asianGas regulatory authorityPakistan refineryPak arab refineryAttock refinery

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