Tuesday, 17 September 2013

Oil margins: Govt appoints PIDE to determine fair oil marketing companies (OMCs) margins

KARACHI: The government has asked the Pakistan Institute of Development Economics (PIDE), a research organisation, to determine fair margins for the oil marketing companies, which have been complaining for months about low return on investment.
Ministry of Petroleum and Natural Resources sought the services of PIDE in Islamabad last month to carry out a detailed analysis of the petroleum marketing business in this regard.
The final report will be published in a couple of weeks. The

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