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  • widely used american oil american oil supplie in pakistan
How many lubricant base oils are produced in Pakistan?

Base Oil Supply Constraints According to the LBSP, Pakistan is home to five refineries, but only one ¨C state-owned National Refinery Ltd. ¨C produces lubricant base oil. It has a capacity to produce up to 200,000 metric tons of high and medium viscosity index base oils and meets the entire national demand for API Group I base oils.

What is a refined oil in Pakistan?

The Refined Oil category includes all refined petroleum products such as HSD, automotive fuel, Naphtha, jet fuel, and more. Pakistan has imposed an average tariff of 10.6% on imports from all countries except China in 2020. China imposes a tariff of about 5% on the Pakistani market.

Will crude oil play a vital role in Pakistan's mixed energy?

Based on the recent projection of the Ministry of Energy (petroleum division) that, notwithstanding the rising significance of clean energy reserves, crude oil will remain to play a vital part in Pakistan's mixed energy over the period, it is most imperative to discover the Pakistani crude oil market [ 15 ].

What if Pakistan imports only crude oil?

If Pakistan imports only crude oil instead of refined oil, it will need USD 10973.78 Million. If Pakistan imports only refined oil without importing refined oil, it will need USD 11,897.14 million. Refining crude oil at local refineries could save USD 923.3 million. A comparison of several countries is made on crude oil imports.