Federal Minister for Energy Omar Ayub Khan has asked the general public not to buy petroleum products, while expressing concerns over “
by some elements.”
Geo News reported that Omar Ayub, while chairing a video conference at the Petroleum Division, expressed deep concerns over fuel shortage in the country and formed a committee to verify the availability of stocks and identify ‘black marketing’ and ‘hoarding’ by some elements. The minister maintained that some elements created “artificial shortage of fuel across the country only to maximise their profits”, which caused inconvenience to the general public.
https://twitter.com/geonews_urdu/status/1270003047465398273?s=20
It was decided in the meeting that oil marketing companies should not be allowed to ration supplies of petroleum products to retail outlets and strict action would be taken against those petrol pumps and retailers involved in overcharging and hoarding.
The minister also asked the Oil Companies Advisory Council (OCAC) to issue an official press statement indicating that sufficient stocks of petrol are available in the country and all import of petroleum products is lined up to meet the demand.
Special Assistant to Prime Minister on Petroleum Nadeem Babar and Secretary Petroleum Mian Asad Hayaud Din were also present in the meeting to discuss ways and means to mitigate the fuel demand and supply challenges.
by some elements.”
Geo News reported that Omar Ayub, while chairing a video conference at the Petroleum Division, expressed deep concerns over fuel shortage in the country and formed a committee to verify the availability of stocks and identify ‘black marketing’ and ‘hoarding’ by some elements. The minister maintained that some elements created “artificial shortage of fuel across the country only to maximise their profits”, which caused inconvenience to the general public.
https://twitter.com/geonews_urdu/status/1270003047465398273?s=20
It was decided in the meeting that oil marketing companies should not be allowed to ration supplies of petroleum products to retail outlets and strict action would be taken against those petrol pumps and retailers involved in overcharging and hoarding.
The minister also asked the Oil Companies Advisory Council (OCAC) to issue an official press statement indicating that sufficient stocks of petrol are available in the country and all import of petroleum products is lined up to meet the demand.
Special Assistant to Prime Minister on Petroleum Nadeem Babar and Secretary Petroleum Mian Asad Hayaud Din were also present in the meeting to discuss ways and means to mitigate the fuel demand and supply challenges.