June 5, 2020: Cabinet Committee on Energy has approved in principle to import Euro-V compliant diesel and petrol products.
Meeting of the Committee was held in Islamabad yesterday with Federal Minister for Planning and Development Asad Umar in the chair.
The CCOE approved the proposals of the Petroleum Division to make imports of diesel and petrol compliant with the Euro-V standard.
These products will have a reduced environmental impact due to lesser Sulfur content as well as lower emissions.
The decision would help reduce the pollution levels especially the smog problem faced in the plain areas of Pakistan in winters.
Petroleum Division would also work with the inland refineries to make them compliant with the Euro-V standard by the end of this year.
The CCOE decided to set 1st of August this year as a deadline by which all the Oil Marketing Companies will ensure the import of Euro-V compliant petrol only.
The CCOE also agreed to make all imports of diesel compliant with Euro-V specification w.e.f January next year based on the availability of supplies.
The meeting also approved the minimum efficiency benchmarks for captive power plants.
The meeting directed the Power Division to maintain regular liaison with K-Electric with regard to Karachi's future power requirements.
