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Oil companies to set up 200 ethanol pumps by 2010 |
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Updated at:
1745
PST, Monday, July 20, 2009 |
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ISLAMABAD: Oil Marketing Companies will establish 200 ethanol petrol pumps across the country by 2010 at a cost Rs4 billion.
According to oil OMCs’ sources, Pakistan State Oil (PSO) has practically initiated the work in this regard.
PSO will set up 30 E-10 filling stations in various cities of the country. The company has started selling from one of its petrol pumps E-10 fuel which is Rs2.40 per litre cheaper than the regular fuel.
In order to promote the new brand of fuel, the government has already exempted the E-10 fuel from sales tax. |
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