The State Bank of Pakistan (SBP) eased its rules on exporting earnings on Tuesday. In accordance with EPD Circular 02 of 2022 to Authorized Forex Dealers. The State Bank has clarified that the amendments to the Circular of January 5, 2022, do not apply to exports for which letters of credit with a validity of up to 180 days have been issued or prepared until the date of issue In all these cases, the SBP is given in addition to the proposed exemption. Authorized Resellers (ADs) do not allow changes beyond 180 days of the delivery/expiry date of the LC/modifications to the LC or delivery to the expired LC or other requirements and conditions related to the engagement of the QC after the publication of the above circular
MARI Petroleum Successfully Concludes Ghazij Appraisal Program of Gas Discovery
Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully completed the appraisal program for...
