Islamabad
Special Assistant to PM on Power and Petroleum Tabish Gauhar has said that the government is close to updating the Refinery Policy to incentivise existing refineries to upgrade and modernise their facilities.
Taking to his Twitter handle, Special Assistant to PM on Power and Petroleum said that the Refinery Policy will also encourage setting up of new deep-conversion refining-cum-petrochemical assets to further reduce Pakistan’s dependence on imported POL products.
He shared the highlights of his meeting with UAE’s Ambassador Hamad Alzaabi, where they discussed various existing opportunities in Pakistan’s petroleum sector, particularly the proposed PARCO Coastal Refinery project. —TLTP