Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Senate sub-committee seeks reports against substandard fuel sellers

byCT Report
05/12/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Senate Sub-committee on Petroleum and Natural Resources Monday sought detailed reports from OGRA and OMCs containing action taken against petrol pumps selling substandard fuel and tempering with measurement.

The committee meeting, chaired by Taj Muhammad Afridi, directed the Oil and Gas Regulatory Authority (OGRA) and Oil Marketing Companies (OMCs) to submit the province-wise reports in next meeting. It also expressed concern that working papers for the committee meetings were not provided to parliamentarians in time and warned to avoid such practice in future.

You might also like

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

28/04/2026

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

27/04/2026

Representatives of OGRA, OMCs and Pakistan State Oil (PSO) apprised the committee that they have a mechanism to regularly check the quality and quantity of fuel being sold at petrol pumps, but could not give details like amount of fines imposed on how many petrol pumps in a certain period.

Representatives of PSO and Shell Pakistan said all oil tankers working with their companies had got installed tracking devices and there was no question of abuse of Inland Freight Equalization Margin (IFEM) on their part.

Basically, IFEM is the transportation cost from the refinery/ port to the oil depots and storage facilities with no profit element for Oil Marketing Companies (OMCs).

The committee thoroughly discussed the IFEM, under which special tariff was charged for far-flung areas but the supply was delivered to nearby petrol pumps or dumped at illegal petrol pumps.

Expressing concern, chairman Taj Muhammad Afridi observed that there should be an effective system of physical verification of oil depots and petrol pumps to curb any dumping.He underlined the need for an effective mechanism of checking quality and quantity of oil being sold at the dealers’ outlets.

The committee was holding discussion on a petition filed by Maqsood Ahmed Awan and Munawar Khan regarding problems being faced by the oil sector.

Senator Mir Muhammad Yousaf Badidini termed a proposal given by a representative of PSO to increase the price of kerosene oil to prevent adulteration in petrol and diesel ‘rubbish.’

Among others, Senators Baz Muhammad Khan and Mir Muhammad Yousaf Badini, representatives of PSO, OGRA, National Electric Power Regulatory Authority, Oil Companies Advisory Council, different OMCs and the petitioners attended the meeting.

Related Stories

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds

byCT Report
25/04/2026

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...

Weekly inflation eases slightly, annual rate rises to 13.98pc

byCT Report
24/04/2026

ISLAMABAD: The Pakistan Bureau of Statistics has released its weekly inflation report, showing a 0.33 percent decrease in inflation on...

Next Post

Sustainable Development Conference 2016 starting from 6th

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.