KARACHI: The Oil and Gas Regulatory Authority (OGRA) has granted permission to Pakistan Refinery Limited (PRL) to export 50,000 metric tonnes of furnace oil during June, according to an official communication issued by the regulator.
The approval follows a decision of the National Coordination Committee (NCC) and has been formally conveyed to the refinery through a written directive.
OGRA stated that the export will be subject to domestic market demand and compliance with the approved export plan, ensuring that local supply requirements are not affected.
The regulator has also directed PRL to optimise its loading operations to facilitate timely shipment within the designated export window.
The decision is part of broader efforts to manage surplus furnace oil inventories in the domestic market while allowing refineries to access international buyers and improve operational efficiency.
Pakistan Refinery Limited (PRL), a key player in the country’s refining sector, supplies a range of petroleum products to the domestic energy market and contributes significantly to meeting national fuel demand.
