KarachiPakistan’s refiners earned Rs32.2bn in three months, Topline Securities said.
The petroleum minister recently said refineries earned a normal year’s profit in three months.
Higher gross refining margins during the war between the US and Iran mainly drove the jump from Rs1.6bn a year earlier.
Petroleum dealers say a forensic audit of every refinery could allow cuts of Rs40-50 a litre.
How each outlet framed it
- Dawn
- frames the refinery windfall (Rs32.2bn vs Rs1.6bn) as a Rs40-50/litre consumer-price question and demands a forensic audit
Sources: Dawn