The federal government has restricted private oil marketing companies from importing high-speed diesel, allowing only Pakistan State Oil to manage fuel procurement under a new policy framework. Officials introduced the decision to strengthen oversight of fuel imports, reduce pressure on foreign exchange reserves, and improve control over rising oil-related expenditures during ongoing economic challenges. The […]
Pakistan State Oil
Ogra, PSO come under fire for lethargic monitoring of oil stocks
The Oil and Gas Regulatory Authority (Ogra) and Pakistan State Oil (PSO) on Monday came under fire for insufficient and lethargic online integration and automation of stock and supply position of oil products for improved visibility and monitoring. Subsequently, the government decided to activate law enforcement and investigation agencies for improved monitoring of retail petroleum […]