FM directs authorities to resolve oil import issues

By MG News | June 13, 2022 at 10:29 PM GMT+05:00

0:00

June 13, 2022: Federal Minister for Finance and Revenue Mr Miftah Ismail on Monday, directed the relevant authorities to expedite the process of resolving issues regarding the opening of LCs for oil imports.

The meeting was held on facility confirmation of LCs for oil imports at Finance Division today.

Minister of State for Foreign Affairs Ms Hina Rabbani Khar, Chairman FBR, Governor SBP, Chairman OGRA and senior officers participated in the meeting.

The meeting discussed issues regarding the opening of LCs for oil imports and steps for resolving the issues for a smooth supply of energy chain in the country.

The finance minister discussed the available options for the resolution of this issue. After, comprehensive deliberation on the pragmatic way-outs, the chair directed the relevant authorities to expedite the process of resolving these issues.

Press Release

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%