BUSINESS

PETROL CRISIS REMAIN IN TWIN CITIES

Rawalpindi PETROL : Despite colossal measure of fines, show-cause notification and applications for FIRs against Oil Marketing Companies (OMCs), government has actually neglected to control petroleum emergency the nation over including twin urban areas of Rawalpindi and Islamabad.

Government Minister for Energy Umar Ayub Khan had on numerous occasions given 48-hours, 72-hours ultimatums to end petroleum emergency however futile. Some government pastors had likewise given 48-hours to end this emergency yet futile. Indeed, even Prime Minister Imran Khan has likewise guided Ogra and Petroleum Division to guarantee smooth flexibly inside 48 to 72-hours yet futile.

Presumably, government has given a major help in petroleum costs and chop down rates by Rs47 per liter during a quarter of a year however drivers are meandering to a great extent looking for fuel for recent days.

Following sugar and wheat emergency, petroleum emergency has hit the nation including twin urban areas of Rawalpindi and Islamabad in light of the fact that few siphons have run dry of petroleum and diesel for 13 days however the specialists concerned appear to be in profound sleep in this circumstance. Some petroleum siphons were just providing petroleum of Rs300 for vehicles and Rs100 for a cruiser on Saturday.

As per Oil and Gas Regulatory Authority (Ogra), Shell Pakistan and Total Parco were each fined Rs10 million, while Attock Petroleum, Puma, Gas and Oil Pakistan and Hascol were forced punishment of Rs5 million each. Three show-cause sees were additionally given to OMCs, including Byco and BE Energy.

Petrol crisis: 'a very serious governance failure' - Pakistan ...

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