$3.5bn Falcon Isles Refinery Project Clears Key Institutional Hurdle

ISLAMABAD: Pakistan’s proposed $3.5 billion Falcon Isles Refinery and Storage Complex has cleared a key institutional hurdle, bringing the major energy project closer to consideration under the country’s industrial cooperation framework. The China-Pakistan Economic Corridor (CPEC) Secretariat has endorsed the proposed refinery project, which is planned for Dhabeji in Thatta district, Sindh. Following the endorsement,…

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Pakistan Refinery Throughput Rises 13% in March as Fuel Supply Remains Stable

Pakistan’s refining sector has recorded a significant 13% year-on-year increase in throughput in March 2026, reaching 972,000 tons, ensuring stable fuel supply across the country despite global market disruptions. According to industry data, the rise in refinery output was primarily driven by increased production of motor spirit (petrol) and high-speed diesel. Petrol production grew by…

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