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ISLAMABAD:In an attempt to put pressure on the regulator, the management of Byco Petroleum has approached the Competition Commission of Pakistan (CCP), alleging that the government is adidas campus herren involved in anti-competitive practices as it allows certain refineries to collect freight charges from oil consumers.Speaking at a public hearing held by the CCP here on Tuesday, Byco representative Wasi Khan said the Economic Coordination Committee (ECC) had allowed the refinery to charge inland freight equalisation margin (IFEM) for transporting crude oil from its single point mooring (SPM) facilit adidas yeezys y but the Oil and Gas Regulatory Authority (Ogra) opposed its implementation.According to Khan, the government has granted Byco only seven-and-a-half-year tax holiday compared to the 20-year holiday for refineries that would be set up in the coastal area of Hub.Byco Chief Executive Officer Amir Abbassciy pointed out that they had laid a 14.5km pipeline on the seabed to pump air max 720 crude oil from the SPM after the pet LONDON:Oil prices ro nike air max 1 se more than 1% on Monday, extending last week rsquo;s gains as trader nike air max plus s anticipated coronavirus vaccine trials would spur a recovery in de new balance 990 mand.
ISLAMABAD:In an attempt to put pressure on the regulator, the management of Byco Petroleum has approached the Competition Commission of Pakistan (CCP), alleging that the government is adidas campus herren involved in anti-competitive practices as it allows certain refineries to collect freight charges from oil consumers.Speaking at a public hearing held by the CCP here on Tuesday, Byco representative Wasi Khan said the Economic Coordination Committee (ECC) had allowed the refinery to charge inland freight equalisation margin (IFEM) for transporting crude oil from its single point mooring (SPM) facilit adidas yeezys y but the Oil and Gas Regulatory Authority (Ogra) opposed its implementation.According to Khan, the government has granted Byco only seven-and-a-half-year tax holiday compared to the 20-year holiday for refineries that would be set up in the coastal area of Hub.Byco Chief Executive Officer Amir Abbassciy pointed out that they had laid a 14.5km pipeline on the seabed to pump air max 720 crude oil from the SPM after the pet LONDON:Oil prices ro nike air max 1 se more than 1% on Monday, extending last week rsquo;s gains as trader nike air max plus s anticipated coronavirus vaccine trials would spur a recovery in de new balance 990 mand.