Latest Furnace oil News & Updates

New Delhi, April 3 (IANS) Pakistan’s LNG supplies are expected to fall to near zero from next month, removing a source that contributes more than one-fifth of total power generation, while coal availability is also under pressure, jointly affecting close to 30 per cent of supply, an article in the local media said.The fallback option, furnace oil, comes at a steep cost, with generation expenses significantly higher than gas or coal-based alternatives. These are structural shocks that no policy…