(EnergyAsia, November 19, Wednesday) — The Pakistani government’s decision to reduce oil storage levels to 10 days of supplies from 21 days now, could lead to severe shortages and supply disruptions, industry executives said. Islamabad wants to reduce stock level to help save foreign currency reserves amid the worsening global financial crisis. Local oil marketing…
PAKISTAN: Oil supply squeeze feared as government cuts oil stockpile levels
Posted on November 18, 2008 by EnergyAsia