KARACHI: The Oil and Gas Regulatory Authority (OGRA) has approved the export of 100,000 metric tonnes of furnace oil by Pak-Arab Refinery Limited during June 2026, subject to domestic supply conditions, according to an official communication.
The approval was granted by the National Committee on Monitoring of Commodities (NCMC) during a recent meeting. Under the decision, PARCO is permitted to export 100,000 tonnes of furnace oil, with a permissible variation of plus or minus 10 percent, provided that local demand requirements are fully met.
OGRA has also directed the refinery to ensure maximum loading efficiency so that shipments can depart within the designated operational window.
Industry sources said the move reflects ongoing adjustments in the country’s fuel management strategy, as the power sector gradually shifts toward alternative energy sources, resulting in surplus furnace oil stocks at refineries.
Officials noted that similar export permissions have been granted in recent months to other refineries as part of a broader policy framework aimed at managing inventory levels while safeguarding domestic fuel availability. All such approvals remain conditional on domestic upliftment and regulatory oversight.
