Archive · Business Recorder
PD revises petrol pricing mechanism
ISLAMABAD: The Petroleum Division has revised the pricing mechanism for petrol amid the Iran-US tensions, directing oil refineries to follow a new formula in line with the Federal Cabinet’s decision. The Petroleum Division has written letters to refineries in this regard, following the directives of the federal cabinet. The cabinet on Friday approved that the import price of petrol may be determined on the basis of the actual import cost of the relevant Pakistan State Oil (PSO) cargo. Where the actual import cost is unavailable for daily pricing, the premium, incidentals and customs duty of th...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →