Islamabad [Pakistan], June 22 (ANI): Amid an acute shortage of petroleum products, refineries in Pakistan have urged the federal government to take urgent steps to resolve this issue as a trade credit crisis would completely engulf oil marketing companies too after refineries.
Foreign banks are still not confirming local refineries’ letters of credit (LCs) for crude oil imports.
In January this month, oil refineries in th
Pakistan refineries facing imminent shutdown
