Consumption of POL products in the country have fallen drastically since the provinces have imposed economic lockdowns to effectively control the possible spread of Corona virus.
'Byco chose not to fully shutdown the refining complex so that crude refining operations could be restarted within hours when the demand picked up again, said a statement issued by the company on Monday. 'We appreciates the
As per the statement, Byco is hopeful that oil marketing companies will abide by the directives issued by the ministry, which asked the OMCs to stop importing the POL products and increase offtake from domestic refineries.
'The country's refining industry stands shoulder-to-shoulder with the nation to persevere against the challenge of the COVID-19 pandemic. We pray and trust that
Earlier, the
The ministry had notified law enforcement agencies that all of the nation's refiners must be allowed to continue uninterrupted supply of fuel throughout the country.
It had further guaranteed free movement for the industry's employees, vendors, and contractors to ensure availability of POL products at all petrol pumps across the country amid nationwide lockdown.
© Pakistan Press International, source