Inside Financial Markets

ECC direct PSO to use PNSC as fleet manager

pnscECC direct PSO to use PNSC as fleet manager

According to the our sources the Ministry of Petroleum and Natural Resources for the Import of Petroleum Products on C&F basis, ECC decided that PSO is allowed to import Premier Motor Gasoline (PMG) and Low Sulpher Furnace Oil (LSFO) on C&F basis while import of High Sulpher Furnace Oil (HSFO) would be through PNSC. This move will boost the business cycle of PNSC due to the ongoing contract.

Ahsan Baig

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)