ISLAMABAD: Pak-Arab Refinery Company (Parco) has warned Pakistan State Oil (PSO) that it will stop the supply of fuel if the latter does not introduce a mechanism according to which it will open letters of credit to make advance payment for oil supply rather than getting deliveries on credit. In an attempt to press PSO […]
ISLAMABAD: State-owned Pak Arab Refinery Company (Parco) has reduced liquefied petroleum gas (LPG) base stock price by Rs5,000 per ton with effect from Tuesday. After the reduction, the retail price of LPG will come down by at least Rs5 per kilogramme. The price of domestic cylinder (11.8 kg) will drop by Rs60 while that of commercial […]
ISLAMABAD: State-owned Pak Arab Refinery Company (Parco) has reduced liquefied petroleum gas (LPG) base stock price by Rs5,000 per ton with effect from Tuesday. After the reduction, the retail price of LPG will come down by at least Rs5 per kilogramme. The price of domestic cylinder (11.8 kg) will drop by Rs60 while that of commercial […]
ISLAMABAD: State-owned Pak Arab Refinery Company (Parco) has reduced liquefied petroleum gas (LPG) base stock price by Rs5,000 per ton with effect from Tuesday. After the reduction, the retail price of LPG will come down by at least Rs5 per kilogramme. The price of domestic cylinder (11.8 kg) will drop by Rs60 while that of commercial […]
ISLAMABAD: State-owned Pak Arab Refinery Company (Parco) has reduced liquefied petroleum gas (LPG) base stock price by Rs5,000 per ton with effect from Tuesday. After the reduction, the retail price of LPG will come down by at least Rs5 per kilogramme. The price of domestic cylinder (11.8 kg) will drop by Rs60 while that of commercial […]
ISLAMABAD: Pak-Arab Refinery Company (Parco) has stopped jet fuel supply to Pakistan State Oil (PSO), raising the spectre of a fuel crisis on airports of Punjab in the next few days. “Though Parco has shut down for annual maintenance, it has a stock of jet fuel which it is refusing to supply to PSO,” an […]
ISLAMABAD: The relief to consumers in the wake of suspension of petroleum development levy has proved short-lived as state-owned producer Pak-Arab Refinery Company (Parco) has increased the price of liquefied petroleum gas (LPG) by Rs16,076 per ton. The new base stock price is Rs102,000 per ton compared to Rs85,924 earlier. The price rise came following an […]
ISLAMABAD: State-owned Pak Arab Refinery Company (Parco) has increased price of liquefied petroleum gas (LPG) by Rs15,846 per ton. The new price, including petroleum levy of Rs11,486, will be Rs109,702 per ton compared to Rs93,856 earlier. The price rose following a sharp increase in Saudi Aramco contract price that soared to a record high of ,028 […]
ISLAMABAD: Pak-Arab Refinery Limited (Parco) has refused to provide diesel, jet fuel and kerosene oil to Pakistan State Oil (PSO) on credit, a move that may halt supplies to Pakistan Army, airlines and other consumers across the country. Pakistan is the major shareholder in Parco with 60% followed by Abu Dhabi government with 40% stake […]
