ISLAMABAD – The petroleum minister said per day consumption of petrol in the country has increased from 9,000 tonnes in January 2014 to 15,000 tonnes in January 2015 and for the running month the government has projected an estimated demand of petrol at 19,000 tonnes a day.
Shahid Khaqan Abbasi said that there was satisfactory stock of petroleum products in the country and now there is nothing to worry about fuel availability as was a stock of nine days of petrol and 18 days diesel at the moment.
He said that first shipment of liquefied Natural Gas (LNG) will reach the country on March 31 and construction of Iran-Pakistan Gas Pipeline Project was underway which would be completed by the end of 2016 or the start of 2017.
Ruling out possibility of petrol crisis in future, he said arrangements have been made in view of expected reduction in oil prices next month and rising demand of petrol. He said during ongoing month petrol consumption so far has been recoded at 450,000 tonnes and it is estimated it to reach 540,000 tonnes in next month due to expected reduction in the prices.
