http://www.dailytimes.com.pk/default.asp?page=2006\12\24\story_24-12-2006_pg5_2
PSO seeks govt approval for exporting jet fuel to Afghanistan By Fida Hussain ISLAMABAD: The PSO has sought the government approval for exporting jet fuels to Afghanistan. The company is also seeking rebate on such exports to neighbouring country in future, sources told Daily Times on Saturday. The PSO, which claims to be the largest Oil Marketing Company (OMC) of the country, has sought clearance to the move, which will enable the country to provide JP4 and other jet fuels, as the consumption of jet fuel is expected to rise in Afghanistan and currently no other company in Pakistan is properly concentrating on the supply of this fuel. According to the sources, the company has sent a formal proposal to the Ministry of Petroleum and Natural Resources, and Central Board of Revenue (CBR) and other concerned authorities for their consideration. The PSO has expertise in handling the largest infrastructure of storage facilities in Pakistan and due to the emerging challenges in the market, the company needs to expand its network in Afghanistan. The PSO must be allowed to operate in the war-torn and civil-strife stricken neighbouring country as the international community is likely to increase its presence in Afghanistan. The flights movements to and > from Afghanistan are also expected to increase in the coming days. The Attock Refinery Limited (ARL) claims to be the pioneer in crude oil refining in the country with its operations dating back to the early nineteen hundreds. Backed by a rich experience of more than 80 years of successful operations, ARL's plants have been gradually upgraded/replaced with state-of-the-art hardware to remain competitive and meet new challenges and requirements. Located at Rawalpindi, ARL's configuration/processing allows it to process the lightest to the heaviest (23-65 API) crude oils to produce a complete range of petroleum products from LPG to Asphalt including specialty products such as Jet Fuels (Jet A 1, JP-4, and JP-8) Cutback Asphalts, Polymer Modified Asphalt, Mineral Turpentine Oil, Solvent Oil, etc. The government may not disagree with the proposal, according to the sources. However, the only thing is that Pakistan is an oil-importing country. Such a plan, if allowed, would increase the country's oil import bill. The government, they said, would also look into this aspect whether the rise in oil import would be beneficial by exporting these petroleum products to Afghanistan. The government would also look into the aspect whether the PSO, which is an oil-marketing company, will require making special import of crude oil in this regard. The company, according to the sources, in its proposal is seeking permission for marketing the JP4 oil. The official, however, refused to give any detail as to why the company was planning to export only JP4. The government has already allowed an American company to import petroleum products via Pakistan for exclusive use in Afghanistan and the company will primarily meet the energy requirements of International Security Assistance Force (ISAF). The official said that the permission has been granted to the American company, as the demand for petroleum products was high presently in Afghanistan. Not only this, the government has also decided to grant a similar permission to another company that would also have the same facility. The two companies, which have been permitted afresh, will be entitled to have the facilities available to other companies trading under the Afghan Transit Trade Agreement (ATTA). +++ -------------------------- Want to discuss this topic? 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