Cnergyico, PRL, Parco allowed to export 135,000 tonnes of furnace oil in August

Profit reported that the Oil and Gas Regulatory Authority has cleared Cnergyico, PRL and Parco to ship abroad a total of 135,000 metric tonnes of furnace oil during August 2026. The three refineries had each submitted export requests, and the go-ahead followed a decision by the National Coordination and Management Committee. Exports are conditional on keeping strategic reserves in place for the power sector.

Cnergyico is permitted 45,000 metric tonnes, PRL 40,000 and Parco 50,000, with a variation of plus or minus 10% allowed for each refinery. OGRA told the refineries to continue exports while ensuring local lifting in line with their plans. It also urged them to raise loading rates so cargoes can sail within their assigned discharge windows.

Furnace oil shipments in the last financial year topped 1.6 million tonnes and were worth more than $1 billion, with high-sulphur grades making up most of the volume. Monthly volumes varied, at roughly 183,000 tonnes for August, 173,000 for October and 170,000 for November. The latest approval sits within that uneven export pattern.