Pakistan State Oil to be sole diesel importer in FY27

ISLAMABAD: The government has imposed a complete ban on importing high-speed diesel (HSD) by private oil marketing companies (OMCs). Instead, only the state-owned Pakistan State Oil (PSO) will handle imports for the current fiscal year. This is part of the federal cabinet’s decisions, which also capped petrol import quantities by private OMCs based on their past sales. The decisions are premised on the Petroleum Division’s request in the wake of ‘prevailing market conditions and in order to m...

By none@none.com (Khaleeq Kiani)