Pakistan’s PARCO defers fuel oil export on uptick in domestic power generation demand

Pak Arab Refinery Limited — Pakistan’s second-largest refinery — has deferred exporting a 50,000-mt fuel oil cargo, which was earlier planned to load by the end of January, as demand from domestic power generation companies rose due to a drop in electricity production from gas and hydel power units, industry sources said. This comes after Pakistan Refinery Ltd deferred its… Pak Arab Refinery Limited — Pakistan’s second-largest refinery — has deferred exporting a 50,000-mt fuel oil cargo, which was earlier planned to load by the end of January, as demand from domestic power generation companies rose due to a drop in electricity production from gas and hydel power units, industry sources said. This comes after Pakistan Refinery Ltd deferred its… Read More