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Web Desk Karachi
Mar 10, 2025

OMCs challenge Ogra’s ‘Take or Pay’ policy, citing financial risks, market imbalances

The introduction of the ‘Take or Pay’ mechanism follows repeated complaints from local refineries about excessive fuel imports, which they argued undermine domestic production and result in reduced operational capacity.

OMCs challenge Ogra’s ‘Take or Pay’ policy, citing financial risks, market imbalances

DI Khan: five killed, 10 injured in suicide attack on peace committee member’s residence

Snow hits Texas, Oklahoma as eastern US braces for winter storm

Israel seeks to limit Palestinian entry into Gaza as Rafah crossing set to reopen

T20 World Cup: ICC replaces Bangladesh with Scotland, claims Indian media

Maryam Nawaz vows safe Basant as Punjab revives spring festival