Refineries warn of ‘catastrophic effect’

[ad_1] ISLAMABAD: Oil Companies Advisory Council (OCAC) Chairman Adil Khattak has cautioned the government that the imposition of carbon and petroleum levies would have a catastrophic effect on refineries. These refineries use furnace oil in-house as fuel in furnaces, boilers, power generation and other operations. “Applicability of the proposed carbon and petroleum levies on furnace … Read more