KARACHI: The Oil and Gas Regulatory Authority (Ogra) has approved the export of 100,000 metric tonnes (MT) of furnace oil by Pak Arab Refinery Limited (Parco) during June 2026, according to an official communication issued by the regulator.
The approval was granted by the National Committee on Monitoring of Commodities (NCMC) at a meeting held earlier this month. Under the approval, Parco may export 100,000MT of furnace oil, with a tolerance of plus or minus 10 per cent, subject to the fulfilment of domestic demand requirements.
Ogra also advised the refinery to maximise its loading rate to ensure the cargo sails within the designated discharge window, the document said.Industry officials said that exports have become necessary to clear stocks and maintain refinery operations as the country’s power sector increasingly shifts towards alternative fuels.
In recent months, Ogra has granted similar export approvals to several refineries while maintaining conditions to ensure adequate domestic fuel supplies. Such permissions remain subject to local upliftment requirements and oversight by relevant government authorities.
