Oil and Gas Regulatory Authority (Ogra) on Monday trash reports of lack of fuel in parts of country, claiming that “adequate” supplies of petrol and diesel were available to meet household needs.
An Ogra spokesperson said there were rumors of shortages of diesel in multiple pockets of Punjab, adding that “Ogra is monitoring the situation with in help of law enforcement.”
He warned that anyone found involved in store or store fuel with the intention to create a deficit will take place with in in accordance with the law.
However, the All Pakistan Gasoline Pump Dealers Association had a different opinion. version suggest.
Nauman Ali Butt, secretary general of Association, nobody said of oil companies other than Pakistan State Oil (PSO) supplied fuel to dealers.
Butt argued that private companies suspended their operations and PSO was the only supplier currently operation in provinces.
He called on Prime Minister Shehbaz Sharif to look into the matter and ensure security of uninterrupted supply of fuel to dealers in order ensure continued deliveries of oil products on public.
“Dealers will suffer huge losses if private companies continue remain shut and this will eventually affect the overall fuel delivery in the country.”
He called government to intervene and resolve in issue.
BUT Dawn An editorial recently noted that PSO struggling manage oil supplies due to the growing liquidity crisis as international oil suppliers demanded hard currency from cash- fastened state -run entity for fresh produce as well higher prizes on overdue payments.
OSAS says enough fuel available in Pakistan
Meanwhile, the Oil Companies Advisory Council (OCAC) is an association of oil marketing companies (OMC) and refineries – said that sufficient stocks of driving spirit and high speed diesel (HSD) were available in the country.
“Since HSD sales have skyrocketed in country in connection with the harvest season, CACO is actively playing This role effectively manage [surge in] demand in consultation with Industry, Ogre and Ministry of energy,” the statement said. in statement.
This is added that loads with sufficient HSD were already waiting off-port, while other scheduled cargoes were expected arrive soon.
Similarly, motor gasoline supplies are sufficient to meet demand of country, while there are additional volumes in due to scheduled imports, the statement said.
“Pakistan is an energy-deficient country, so the shortage in fuel supplies are served by imports,” said OCAC Secretary General Dr. Nazir Abbas Zaidi. result of ever-increasing volume of imports and infrastructure constraints, there are challenges in ports due to congestion/congestion of vessels, etc.
He claimed that the council sought to resolve these challenges in cooperation with Ogra offering recommendations ensure that fuel reserves remain streamlined.
“Hence, it is vital to avoid uncertainty and abnormal buying patterns amid mixed speculation,” he said.
The OCAC concluded its statement by asking citizens buy fuel products according to demand and avoid ambiguity translate in “desperate bulk purchases”.
Source: Ogre denies reports of lack of fuel in country – Pakistan
