POL opposes agreement to sell gas from Razgir field without tender Blogging Sole

POL opposes agreement to sell gas from Razgir field without tender

 Blogging Sole

A flare stack burns excess natural gas in an exploration field. — Reuters/File Pakistan Oilfields Limited (POL) has raised objections to a proposed gas sales agreement without a tender process between a Hungarian gas company and a private company at the Razgir field in Kohat which owns 65% of the state-owned entities ( state enterprises). … Read more

Government set to increase IFEM by Rs 2.5 per liter for POL products Blogging Sole

Government set to increase IFEM by Rs 2.5 per liter for POL products

 Blogging Sole

A worker holds a fuel injector to refuel a car at a gas station in Karachi, September 16, 2023. — Reuters Increase in IFEM by Rs 2.5 per liter proposed as interim financing measure. The sales tax exemption makes refinery upgrades unsustainable. The refinery improvements aim for POL production to comply with the Euro V … Read more