Energy
Govt revises petrol pricing formula to cut refinery premiums for 30 days
The cabinet changed how petrol is priced: import prices will follow actual PSO cargo costs and refinery premiums freeze at March 7 levels for 30 days.
All The Indus Compass coverage of PSO: 3 stories.
The cabinet changed how petrol is priced: import prices will follow actual PSO cargo costs and refinery premiums freeze at March 7 levels for 30 days.
PSO sources say QatarEnergy's final offer prices LNG at 11.96pc of Brent for both contracts, with 66 cargoes a year; PSO wants cabinet approval by Nov 3.
Pakistan plans to buy 10 LNG cargoes on the spot market this winter at about double the Qatari price, pushing the four-month import bill to $1.29bn.