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

PM-led meeting holds OGRA, PSO responsible for petrol crisis

byCustoms Today Report
21/01/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD – Prime Minister Nawaz Sharif sent another top official home after an inquiry committee held Ogra and PSO responsible for the petrol crisis.

Earlier, the prime minster suspended Petroleum Secretary Abid Saeed, Additional Petroleum Secretary Naeem Malik, DG Oil CM Azam and PSO’s acting Managing Director Amjad Janjua. He fired PSO’s deputy managing director finance Sohail Bhatti while chairing a meeting.

You might also like

LNG prices decrease in Pakistan

29/08/2026

Bejaan Resorts, South Air sign agreement

28/08/2026

During the meeting, a two-member inquiry committee presented its initial findings, according to an official handout. It was the second meeting the premier chaired in as many days to find out how an acute petrol shortage snowballed into a crisis and who was responsible for that. The meeting was told that 19,300 metric tons of petrol was supplied across the country on Tuesday against the average daily demand of 12,000 metric tons. The prime minister asked the petroleum ministry for hourly updates on the fuel supply situation in the country.

The authority is responsible to ensure that oil companies have a 20-day stock. The authority, however, failed to enforce regulations on the oil companies. Sources said private companies were reluctant to follow inventory due to a rapid fall in global fuel prices, while PSO’s concerned officials lied about the availability of fuel in the country due to many reasons.

 

Related Stories

LNG prices decrease in Pakistan

byCT Report
29/08/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Saturday notified a significant reduction in liquefied natural gas (LNG) prices...

Bejaan Resorts, South Air sign agreement

byCT Report
28/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Petroleum Minister calls for review of gas subsidy system, pricing slabs

byCT Report
27/08/2026

ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has called for a review of the existing gas subsidy system and pricing...

Punjab moves to scrap old, unfit vehicles under new legal framework

byCT Report
25/08/2026

LAHORE: The Punjab government has introduced a new legal framework for scrapping old, unfit and polluting vehicles, declaring certain categories...

Next Post

Holden Malibus sold 1635 unit in 2014, market share held at 3.3%, expects more in 2015

  • 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.