Refiners get 45 days to save their tariff cushion
The Ministry of Energy’s Petroleum Division has reset the incentive framework for Pakistan’s ageing brownfield refineries, giving all five existing refiners a fresh seven-year incentive window but putting them on a tighter deadline to commit to upgra
September 11, 2026 (MLN): The Ministry of Energy’s Petroleum Division has reset the incentive framework for Pakistan’s ageing brownfield refineries, giving all five existing refiners a fresh seven-year incentive window but putting them on a tighter deadline to commit to upgrades. The September 10 amendment to the Pakistan Oil Refining Policy for Upgradation of Existing (Brownfield) Refineries requires refiner...