- CEOs of Pakistan’s leading oil refineries thanked the government for resolving a sales tax issue.
- The resolution is seen as a turning point for the refining and oil marketing sectors.
- Government support is recognized for enhancing energy security and refinery upgrades.
- Upgrades are valued at over $6 billion to modernize refining infrastructure.
- The resolution provides clarity and a more investor-friendly policy framework.
- Executives praised the Petroleum Minister and Prime Minister for their involvement.
- CEOs support the government’s vision for energy modernization and cleaner alternatives.
- Petroleum Minister emphasized the importance of a modern refining industry for energy independence.
- Upgraded refineries aim to reduce fuel imports and improve local fuel quality.
- The initiative is expected to attract foreign investment and boost domestic production.
- Meeting attendees included CEOs from major refineries who appreciated the resolution.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
