News

PM gives ministry, Ogra 72 hours to overcome fuel crisis

June 9, 2020 10:26 PM


Twitter Share Facebook Share WhatsApp Share

Prime Minister Imran Khan Tuesday took notice of fuel crisis and ordered the petroleum ministry and the Oil and Gas Regulatory Authority (Ogra) to fix the problem in 72 hours.

Motorists are grappling with such a grave shortage at a time when they get little relief from restrictions in wake of COVID-19 spread.

Chairing a meeting of the federal cabinet, the premier ordered stern action against the people involved in hoarding and profiteering.

He said: “All companies should have the stock according to licence. They must abide by the rules. Violation won’t be tolerated. Such people will face music and pay heavy fines.”

The cabinet was told that this year stock was set at 850,000 metric tonnes while 650,000 last year. The cabinet directed constituting committees, comprising reps from Ogra, ministry, local admin and FIA, to nab the culprits.

The cabinet made an appeal to the public to point out profiteers so that such criminal could be brought to book.

As per the law, Ogra and the petroleum division officials can inspect stores of the oil companies.

Minister for Energy Omar Ayub said some companies stopped ‘buying petrol after an increase of $12 in the global market’.

Babar Awan bemoaned petroleum product issue questioning as to why such a serious issue remained unnoticed.

“Another crisis has been looming when the country has been fighting deadly coronavirus.

Filling stations has been running short for a few days. Consumers have been complaining about overcharging.

https://www.youtube.com/watch?v=3XpMCGt6uvA


Most Read

  1. 20 passengers perish in Chilas bus plunge 20 passengers perish in Chilas bus plunge
  2. Daughters defend Bushra Bibi Daughters defend Bushra Bibi
  3. Pakistani-origin woman laid off by Elon Musk gives emotional reaction Pakistani-origin woman laid off by Elon Musk gives emotional reaction
  4. Pakistan's historic moon mission aboard China rocket blasts off Pakistan's historic moon mission aboard China rocket blasts off
  5. The Great Indian Kapil Show: Astonishing per-episode fees of cast revealed! The Great Indian Kapil Show: Astonishing per-episode fees of cast revealed!
  6. And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans

Opinion

  1. PM Shehbaz Sharif, WEF and Pakistan
    PM Shehbaz Sharif, WEF and Pakistan

    By Naveed Aman Khan

  2. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  3. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk

  4. Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity
    Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity

    By News Desk

  5. Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  
    Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  

    By Manzoor Qadir

  6. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai