Ogra allows Pakistan Refinery to export 50,000 tonnes of furnace oil in June

The Oil and Gas Regulatory Authority has allowed Pakistan Refinery Limited to export 50,000 metric tonnes of furnace oil in June.

The approval was conveyed through an official letter issued by Ogra after a decision taken by the National Coordination Committee in a recent meeting.

The export authorisation is subject to domestic market uplift requirements and compliance with the approved export plan.

Ogra has also advised Pakistan Refinery Limited to maximise its loading rate to ensure the cargo sails within the allocated discharge window.

The approval is aimed at managing domestic fuel inventories while allowing refiners to access international markets for surplus furnace oil.

Pakistan Refinery Limited is among the country’s key refining companies and supplies petroleum products to the domestic energy market.