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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

Trump says US will be doing a lot of deals with Iraq, taking a lot of oil out

ICC plans new tournament structures, World Cup and T20 formats under review

Lawmakers slam poor mobile service, urge govt to bring Apple to Pakistan

Trump announces Iran-linked shipping blockade in Strait of Hormuz

IHC approves Telenor Pakistan’s merger with Ufone operator PTML