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Pakistan oil regulator in crosshairs of refineries, marketing firms over ‘take or pay’ clause

Pakistan oil regulator in crosshairs of refineries, marketing firms over ‘take or pay’ clause

  • OMCs strongly oppose proposal due to fear of liquidity crises, supply disruptions and potential market exits
  • Refineries say oil marketing firms failing to lift product disrupts operations, threatens supply chain stability
By SAIMA SHABBIR ·

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