ISLAMABAD – Reviewing the petroleum situation in the country, Prime Minister Nawaz Sharif issued directives for structural changes to avoid such petroleum crisis in the future.
During a meeting chaired held in the PM chair, a committee tasked to inquire into this matter presented their initial findings to Mr Nawaz. The two-member body informed him that the petrol shortage was a serious failure on the part of the Oil and Gas Regulatory Authority (Ogra) as a regulator. It endorsed the earlier decision of suspending four senior officials responsible for the crisis and decided that Deputy Managing Director of Pakistan State Oil (PSO) Mr Sohail Butt was also equally responsible and ordered his suspension as well.
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Earlier the other day, Finance Minister Ishaq Dar had absolved himself of any direct or indirect responsibility for the shortage and termed it “a conspiracy against the government”.
