KARACHI: The Oil and Gas Regulatory Authority (Ogra) has granted Pakistan Refinery Limited (PRL) permission to export 50,000 metric tonnes of furnace oil in June.
The approval was conveyed through an official letter issued by Ogra following a decision taken by the National Coordination Committee (NCC) in a recent meeting.The export authorisation is subject to domestic market uplift requirements and compliance with the approved export plan.
Ogra has also advised PRL to maximise its loading rate to ensure timely sailing of the cargo within the allocated discharge window.The approval reflects continued efforts to manage domestic fuel inventories efficiently while enabling refiners to access international markets for surplus furnace oil.Pakistan Refinery Limited is one of the country’s key refining companies and plays an important role in supplying petroleum products to the domestic energy market.
