Pakistan, Jan. 21 -- In a major development, Pakistan has become an exporter of furnace oil as a prominent refinery's ship loaded with the fuel is scheduled to leave Karachi Port on Tuesday (today).
A source at The Karachi Port Trust (KPT) said that oil tanker Roy Maersk has been currently being loaded with furnace oil and anchored at berth Op-2 on Sunday. It is scheduled to leave the Karachi Port on Tuesday. It was Byco's cargo, the source added. Byco refinery has planned to export about 25,000 tons of furnace oil. A market source the ship is destined to an oil-rich Middle Eastern country. The source added that the refinery was exporting the cargo through a Dutch-based international oil trading firm, which had a significant stake in a lo...