Refinery Upgrades Could Cut Diesel Prices, Boost Pakistan's Economy

Pakistan Petroleum Dealers Association (PPDA) Chairman Malik Khuda Bakhsh highlighted that refinery upgrades, discussed with the Petroleum Minister, aim to boost domestic refining capacity and crude processing flexibility. This could lead to future reductions in diesel and other petroleum product prices by lessening reliance on imported finished products and crude oil. Accelerating these upgrades is crucial to meet national requirements. Such a development could ease inflationary pressures and improve Pakistan's trade balance, indirectly supporting PKR stability.

بحوالہ / Source: www.brecorder.com