Pakistan to start importing RON 92 standard petrol from October

PM rejects OGRA's price hike

ISLAMABAD, July 15 (APP): Pakistan will start importing RON 92 standard petrol from October, which will improve efficiency of vehicles and give good mileage per litre, official sources in the Ministry of Petroleum and Natural Resources said Friday.

“Currently, the country is importing 87 RON petrol, which is not of a very high quality, but from October we are going to replace it with RON 92 standard petrol,” they told APP.

Besides, they said the government was making tireless efforts to increase the country’s oil refining capacity.

Accordingly, a task to Pakistan Arab Refinery Company (PARCO) to complete Khalifa coastal refinery, having capacity to produce 250,000 barrels per day, which was pending for last several years.

They said six oil and gas discoveries were made in June, adding 83 discoveries were made in three years since the present federal government took over.

These are a record number of discoveries made in just one month, from where 50.1 mmcfd gas and 2,359 barrels oil per day would be produced.

Following the 83 oil and gas discoveries in last three years, around 631 million cubic feet per day (mmcfd) gas and 27,359 barrels per day Crude Oil production has been added to the system, they added.

APP Services