Federal Minister for Energy Hamad Azhar Sunday announced to introduce a new refinery policy for separating the furnace oil from refiners.

According to the 24News HD TV channel, Hamad Azhar in his fresh tweets said 6,000 tons of furnace oil is being extracted daily from refineries.

https://twitter.com/Hammad_Azhar/status/1475021211184865284

He said daily consumption of furnace oil will reach 13,000 in a few days as some refineries have started providing extra furnace oil to the IPPs.

https://twitter.com/Hammad_Azhar/status/1475021213097414660

The minister said the IPPs still have less than the required level of furnace oil.

Hammad Azhar said there was a shortage of furnace oil in the summer due to the low discharge of water in the dams.

https://twitter.com/Hammad_Azhar/status/1475029106068623361

The energy minister said Furnace oil used 116 per cent more in summer power generation than last year and resultantly, this year, 200,000 tons of furnace oil was imported for winter.

https://twitter.com/Hammad_Azhar/status/1475029110686584834

One of the reasons for the import of furnace oil was the possible default of LNG cargo, he said adding that fortunately, no more LNG cargo defaulted between November and December.

https://twitter.com/Hammad_Azhar/status/1475068046892945409

Reporter: Awais Kiyani