News

Dissolve Ogra, recommends inquiry commission on petrol crisis

April 21, 2021 01:59 AM


The inquiry commission on the petrol crisis last year released the report terming the mess a result of hoarding.

The report blamed the crisis on the petroleum division and oil marketing companies. It added Oil and Gas Regulatory Authority (OGRA) neglected its basic responsibilities providing room to the mafia.

Hoarding had created a petrol crisis in the country and turned an opportunity amid reduced global prices into a crisis, it said adding that imports were banned while global prices were falling, and every illegal activity was treated as normal.

The report recommended dissolving OGRA through an act while taking action against the secretary petroleum division, DG Oil and Imran Abro. It said that Imran Abro and his staff continued to carry out the orders of the higher-ups while oil marketing companies were involved in stockpiling.

Illegal petrol pumps were set up on large scale in the last decade but Ogra failed to stop them, findings said, adding that the criminal negligence of not storing oil for 20 days cannot be ignored. OGRA’s inability to ensure companies stock oil for 20 days was a failure of the authority, it added.

The report also recommended fixing the prices of petroleum products on a monthly basis instead of a bi-monthly basis, setting up a monitoring cell in the petroleum division and obtaining stock data from the companies.    



Most Read

  1. Here are some unknown facts about Mahira Khan hubby Salim Karim Here are some unknown facts about Mahira Khan hubby Salim Karim
  2. Punjab declares high alert as Nipah Virus threat looms large Punjab declares high alert as Nipah Virus threat looms large
  3. Dutch scientist predicts massive quake to hit Balochistan in next 48 hours Dutch scientist predicts massive quake to hit Balochistan in next 48 hours
  4. Here's something significant about Mahira Khan’s destination wedding Here's something significant about Mahira Khan’s destination wedding
  5. Electricity bills nonpayment lands Master Tile owner in lock-up Electricity bills nonpayment lands Master Tile owner in lock-up
  6. Another video of randy biker harassing female student in Karachi surfaces Another video of randy biker harassing female student in Karachi surfaces

Opinion

  1. Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken
    Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken

    By Rehan Khan Ghauri

  2. Gandhi for the world and Godse for India:Subterfuge or plainspokenness
    Gandhi for the world and Godse for India:Subterfuge or plainspokenness

    By Dr Ghulam Nabi Fai

  3. China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation
    China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation

    By Dr Asif Channer

  4. Gender equality: A pre-requisite for a balanced society
    Gender equality: A pre-requisite for a balanced society

    By Mehak Sabir

  5. Time to move on and build a better Pakistan
    Time to move on and build a better Pakistan

    By Murtaza Rafiq Bhutto