ISLAMABAD: A two member committee was given the task to probe the prevailing petrol shortage. The report of committee said that the situation was a serious failure on the part of OGRA (Oil and Gas Regulatory Authority) as a regulator.
The committee presented its initial findings to Prime Minister Nawaz Sharif in a meeting held under his chairmanship to review the petroleum situation in the country.
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The PM directed to make structural changes to ensure that such a situation never arises again.
The meeting endorsed the earlier decision of suspending four senior officials responsible for the crisis.
The meeting also decided that Deputy Managing Director Pakistan State Oil (PSO) Sohail Butt was also equally responsible and ordered for his suspension as well.
Meanwhile, Petroleum Minister Shahid Khaqan Abbasi said that he was never satisfied with the performance of OGRA and the authority’s performance as a regulator was not just dismal for petrol but was also same for gas.
