Pakistan State Oil — File Photo

SINGAPORE: Pakistan State Oil is seeking 300,000 tonnes of gasoline for delivery over May to July, volumes consistent with previous requirements, a tender document showed on Tuesday.

The state-owned company is seeking six cargoes of 50,000 tonnes each of the oil product for delivery into Keamari.

The tender closes on April 16 and is valid until April 23.

PSO has changed certain specifications for its gasoline cargoes, including lowering the sulphur content and introducing a benzene content limit, a source close to the matter said.

It is now requiring the sulphur content of gasoline cargoes to be lowered to 500 parts per million from 1,000 ppm. But the market impact might be minimal as sellers were already meeting the new tougher specifications, the source added.

The company has no immediate plans to change the sulphur content of diesel, however, as domestic refineries have yet to upgrade secondary units, the source said.

PSO is expected to issue a fuel oil import tender next week, industry sources said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Impending slaughter
Updated 07 May, 2024

Impending slaughter

Seven months into the slaughter, there are no signs of hope.
Wheat investigation
07 May, 2024

Wheat investigation

THE Shehbaz Sharif government is in a sort of Catch-22 situation regarding the alleged wheat import scandal. It is...
Naila’s feat
07 May, 2024

Naila’s feat

IN an inspirational message from the base camp of Nepal’s Mount Makalu, Pakistani mountaineer Naila Kiani stressed...
Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
Updated 06 May, 2024

Appointment rules

If the judiciary had the power to self-regulate, it ought to have exercised it instead of involving the legislature.