ISLAMABAD: Given petroleum import challenges under the prevailing geopolitical conditions, Pakistan on Wednesday allowed the import of crude oil and all petroleum products with advance war-risk insurance for a period of 60 days, on the demand of the local oil industry, to facilitate imports.
“In view of the prevailing situation and the critical importance of crude oil and petroleum products for the country, it has been decided to allow import of crude oil/petroleum products on CIF (cost, insurance and freight) basis for a period of 60 days starting March
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