business
December 29, 2017
Govt restricts furnace oil imports; fresh cargoes need prior approval
ISLAMABAD: The government on Thursday decided to restrict the import of fuel oil to save foreign currency reserves and consignments of furnace oil, in future, would be conditional to the approval from the cabinet committee on energy.The decision was taken at a meeting chaired by the Prime Minister Shahid Khaqan Abbasi to review issues related to furnace oil and petroleum, a statement said.Minister for power Awais Ahmed Leghari, secretaries of finance, power and petroleum divisions, PSO MD, and...