PSO imports first cargo of Euro-V standard fuel

News Image

MG News | December 24, 2020 at 12:13 PM GMT+05:00

0:00

December 24, 2020 (MLN): The state-owned oil marketing company, Pakistan State Oil (PSO) has imported its first cargo of Euro-V standard fuel.

PSO is also the first oil marketing company (OMC) to import better grade fuel (Euro-V petrol) to reduce emissions from commercial vehicles, promoting clean energy.

The government of Pakistan sets the target to introduce Euro-V by January 2021 wherein all diesel imports of the country will conform to Euro-V standard.

It is pertinent to mention that Euro-V is a fuel standard that helps cut down the Sulphur content to avoid air pollution which further minimizes the effect on the environment, thus benefiting the ecosystem by improving the performance of an engine.

This move is primarily aimed at protecting the environment from climate change and global warming.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 164,444.72
1,390.47M
-0.75%
-1241.66
ALLSHR 100,263.22
3,076.68M
-0.52%
-522.58
KSE30 50,467.16
136.66M
-0.90%
-456.01
KMI30 239,381.13
102.98M
-0.94%
-2269.59
KMIALLSHR 66,143.45
1,531.56M
-0.67%
-449.11
BKTi 46,609.98
59.41M
-0.86%
-404.53
OGTi 32,245.33
12.94M
-0.42%
-134.82
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,075.00 112,280.00
107,825.00
-3475.00
-3.12%
BRENT CRUDE 61.11 62.75
60.84
-0.80
-1.29%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-0.75
-0.92%
ROTTERDAM COAL MONTHLY 93.00 93.00
92.50
1.95
2.14%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.54 59.11
57.26
-0.73
-1.25%
SUGAR #11 WORLD 15.85 15.87
15.58
0.16
1.02%

Chart of the Day


Latest News
October 16, 2025 at 05:20 PM GMT+05:00

CMPak, Huawei roll out high-power network upgrade


October 16, 2025 at 05:11 PM GMT+05:00

SBP reserves rise to $14.44bn in a week


October 16, 2025 at 05:11 PM GMT+05:00

CCP hosts lecture on economic equality


October 16, 2025 at 05:03 PM GMT+05:00

SECP commits to strengthening Takaful industry framework



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg