Pakistan’s fuel oil exports hit all-time high in Dec as domestic utility demand falls

Pakistan’s fuel oil exports rose to an all-time high in December amid declining demand from domestic utilities as the country focuses on alternate fuels such as gas and coal for power generation. The South Asian nation exported 135,551 mt of fuel oil in December, about 37% higher from 98,830 mt in November, according to data released Jan. 18 by Pakistan’s…Pakistan’s fuel oil exports rose to an all-time high in December amid declining demand from domestic utilities as the country focuses on alternate fuels such as gas and coal for power generation. The South Asian nation exported 135,551 mt of fuel oil in December, about 37% higher from 98,830 mt in November, according to data released Jan. 18 by Pakistan’s…  Read More