Islamabad-Approving the proposed amendments to the Pakistan Oil Refining Policy, 2023, Prime Minister Shehbaz Sharif said on Tuesday that effective and timely implementation of the new policy must be ensured, and no negligence or delay in this regard will be tolerated under any circumstances. He said this while chairing a meeting of the Cabinet Committee on Energy, the Prime Minister’s Office (PMO) said in a statement. The PM directed the relevant ministries and institutions to expedite the reform process while maintaining close contact with all stakeholders. The Pakistan Oil Refining Policy, 2023, was developed by the Ministry of Energy (Petroleum Division) to address critical issues within the country’s strategic oil refining sector, aiming to modernise existing facilities and attract new investments. Meanwhile, the meeting was given a detailed briefing on the progress of upgradation of oil refineries in the country, reforms in the energy sector, and implementation of the policy. “The meeting was informed that the amendments made to the Pakistan Oil Refining Policy 2023 regarding brownfield refineries aim to ensure the production of environment-friendly petrol and diesel compliant with Euro-V standards and to reduce furnace oil and low-quality petroleum products,” the PMO said.