Pakistan lifts fuel oil import ban

摘要

Pakistan has lifted a ban on fuel oil imports for powerrngeneration after seasonal spikes in electricity demandrnresulted in power outages.rnThe decision to end the import ban was made in Aprilrnby Pakistan’s Economic Coordination Committee following arndecline in fuel oil stocks, slow domestic oil production andrnan increase in power demand while hydropower generationrnlagged. This combination of factors led to power outages ofrnsix to eight hours a day.