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Oil supply 14728 MT against 12,000 tons demand: Ministry claims no petrol shortage in country

byCustoms Today Report
02/02/2015
in Business
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ISLAMABAD –There is no petrol crisis in the country as supplies are being dispatched to filling stations in addition to their routine demand, claimed the Ministry of Petroleum and Natural Resources. It detailed that 14728 metric tons of oil was being supplied as against a demand of 12,000 tons.

Supply and demand of petrol is being monitored on a daily basis, a spokesman for the Ministry said. He added that 14728 metric tons of oil was being supplied as against a demand of 12,000 tons. He said reports that there is shortage of petrol at some fuel stations are baseless. He vowed action against petrol pumps that were found closed.

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He further said that the marketing companies have reserves of 90,000 tons of petrol while an additional 32,000 tons of this commodity was being off- loaded at Karachi Port. He said that during the current month as many as 11 ships with 3,50,000 metric tons of oil would reach Pakistan. He added that there is no petrol crisis as a result of reduction in POL prices.

 

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