Investor Presentaiton

Incentives for new Refinery project in Pakistan No prior permission is required for setting up of new refineries or for expanding the existing ones. Import parity price formula for new oil refinery projects has been linked to a market related mechanism of refined products' prices based on Singapore Mean FOB spot price along with all applicable local charges. Other income earned from non-refinery operations. can be retained by the refineries. Import of crude oil will be permitted from any source, Export of surplus products will be allowed freely. Refineries are allowed to sell products to any marketing company or they can setup their own companies.

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