ECC approves Brownfield Policy upgrade agreement

PSX Update • Sep 14, 2026

The Economic Coordination Committee (ECC) of the Cabinet today approved the draft upgrade agreements under the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, as amended in August 2026.

September 14, 2026 (MLN): The Economic Coordination Committee (ECC) of the Cabinet today approved the draft upgrade agreements under the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, as amended in August 2026. The agreement will be signed by all refineries subject to the availability of the Prime Minister this month. The agreement will provide the framework for implementation...