Three big oil refineries – Attock Oil Refinery, National Oil Refinery, and Pakistan Oil Refinery – are getting ready to sign important agreements with the Oil and Gas Regulatory Authority (OGRA).
These agreements are part of Pakistan’s plan to improve its oil refineries. It’s a big step toward making the refineries work better and produce more oil products.
The government approved this plan on August 8, 2023. It wants the existing refineries to update and expand so they can do more.
The refineries want to work with OGRA to make their facilities better and increase the amount of oil products they make. This will help Pakistan be more secure in its energy supply and grow economically.
OGRA will meet with the refineries to talk about how things are going with these agreements. It shows that everyone is working together to make this plan a success.
Another important thing about this plan is that it will help the refineries make fuel that meets global environmental standards. That’s really important for the environment.
Pakistan Refinery Limited (PRL) is teaming up with the Special Investment Facilitation Council (SIFC) to make fuels that are better for the environment.
This plan will help Pakistan make more petrol and diesel that meet international standards. It will reduce the need to import fuel and show that Pakistan cares about saving money.
