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  • What is the palm oil refining industry in Pakistan?
  • In 2006, the palm oil refining industry in Pakistan started Malaysian-Pakistan joint venture company i.e. Mapak Edible Oils in Port Qasim. Since then the industry has grown and Pakistan at this moment has more than 15 palm oil refineries with a total production capacity of more than 5,250 tons/day.
  • Should Pakistan replace refined palm oil with crude oil?
  • Pakistan can save a tremendous amount of import bills if it replaces refined palm oil with crude oil as Pakistan is currently capable of refining 1.5 million tons of crude oil annually. Malaysia has 8 percent export duty while Indonesia has 14 percent export duty on crude oil.
  • Why is refining important in Pakis?
  • sage from the Minister of Energy and Secretary Petroleum DivisionThe refining sector is the backbone of the ountry as it is critical for energy security and economic growth. The demand for petroleum products and petrochemicals has been increasing in Pakis
  • Why does Pakistan import palm oil?
  • Palm oil is Pakistan's largest food import item with a 30 percent share in agro imports and the country’s second-biggest import after petroleum. The bulk imports are a consequence of Pakistan’s increasing per capita consumption of edible oil, and the inability to produce adequate quantities of edible oil domestically.
  • Is the tariff protection available to local refineries in Pakistan?
  • a global practice, acceptable under the rules of the World Trade Organization (WTO). However, in Pakistan, the tariff protection provided to local refineries has been declining over the years and is currently available only for HSD, which is ~30% of the total p
  • Why does Pakis need a new refining capacity?
  • ountry as it is critical for energy security and economic growth. The demand for petroleum products and petrochemicals has been increasing in Pakis an and is expected to increase substantially in the coming years. As per the forecast, there is a need to double the country’s refining capacity and add at least one new world scale deep conversion re