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Govt approves Rs20 billion subsidy for OMCs, refineries

Daily Narratives Logo S Black Red | from Narratives Magazine Narratives Web Desk -
The Economic Coordination Committee (ECC) of the cabinet has approved a Rs20 billion subsidy for oil marketing companies (OMCs) and refineries to ensure the...

OCAC for early reimbursement of ‘subsidy’ to oil companies

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As the Petroleum Division has agreed to a supplementary grant for payment of price differential claim (PDC) to oil market companies and refineries to...

OCAC demands removal of new levy to avoid oil shortage 

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Price differential claim likely to impact industries cashflow which will lead to catastrophic disruption in the POL supply chain of the country
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