September 14, 2021

CCoE gives partial go-ahead to Oil Refinery Policy

ISLAMABAD: The Cabinet Committee on Energy on Monday in principle approved the Oil Refinery Policy 2021, but expressed reservations on some issues and sought response from the Petroleum Division, The News has learnt.The committee met here with the Federal Minister for Planning, Development and Special Initiatives Asad Umar in chair. The cabinet body questioned the use of incremental revenue, utilisation of deemed duty by refineries and the collection of revenue and its utilisation if...