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

Petrol, diesel prices cut by Rs1.97 per litre each

04/07/2026

Pakistani olive oil brand wins gold medal at London competition

03/07/2026

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

Petrol, diesel prices cut by Rs1.97 per litre each

byCT Report
04/07/2026

ISLAMABAD: The Petroleum Division has issued a notification confirming the revision in fuel rates. The new price of petrol has...

Pakistani olive oil brand wins gold medal at London competition

byCT Report
03/07/2026

LONDON: A Pakistani premium olive oil brand has brought international recognition to the country after winning a gold medal at...

Bank of Punjab becomes first provincial bank to achieve Pakistan’s highest credit rating

byCT Report
02/07/2026

LAHORE: The Bank of Punjab (BOP) has been upgraded to a long-term entity rating of AAA from AA+ by The...

Pakistan’s annual inflation eases to 11.1pc in June, says PBS

byCT Report
01/07/2026

ISLAMABAD: Pakistan’s annual inflation eased to 11.1 per cent in June from 11.7 per cent in May, while prices declined...

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.