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

Senate sub-committee seeks reports against substandard fuel sellers

byCT Report
05/12/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Senate Sub-committee on Petroleum and Natural Resources Monday sought detailed reports from OGRA and OMCs containing action taken against petrol pumps selling substandard fuel and tempering with measurement.

The committee meeting, chaired by Taj Muhammad Afridi, directed the Oil and Gas Regulatory Authority (OGRA) and Oil Marketing Companies (OMCs) to submit the province-wise reports in next meeting. It also expressed concern that working papers for the committee meetings were not provided to parliamentarians in time and warned to avoid such practice in future.

You might also like

Govt raises jet fuel price by Rs13.23 per litre

11/07/2026

Karachi raises flour prices as new official rates take effect

10/07/2026

Representatives of OGRA, OMCs and Pakistan State Oil (PSO) apprised the committee that they have a mechanism to regularly check the quality and quantity of fuel being sold at petrol pumps, but could not give details like amount of fines imposed on how many petrol pumps in a certain period.

Representatives of PSO and Shell Pakistan said all oil tankers working with their companies had got installed tracking devices and there was no question of abuse of Inland Freight Equalization Margin (IFEM) on their part.

Basically, IFEM is the transportation cost from the refinery/ port to the oil depots and storage facilities with no profit element for Oil Marketing Companies (OMCs).

The committee thoroughly discussed the IFEM, under which special tariff was charged for far-flung areas but the supply was delivered to nearby petrol pumps or dumped at illegal petrol pumps.

Expressing concern, chairman Taj Muhammad Afridi observed that there should be an effective system of physical verification of oil depots and petrol pumps to curb any dumping.He underlined the need for an effective mechanism of checking quality and quantity of oil being sold at the dealers’ outlets.

The committee was holding discussion on a petition filed by Maqsood Ahmed Awan and Munawar Khan regarding problems being faced by the oil sector.

Senator Mir Muhammad Yousaf Badidini termed a proposal given by a representative of PSO to increase the price of kerosene oil to prevent adulteration in petrol and diesel ‘rubbish.’

Among others, Senators Baz Muhammad Khan and Mir Muhammad Yousaf Badini, representatives of PSO, OGRA, National Electric Power Regulatory Authority, Oil Companies Advisory Council, different OMCs and the petitioners attended the meeting.

Related Stories

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Karachi raises flour prices as new official rates take effect

byCT Report
10/07/2026

KARACHI: The Karachi administration has increased the official wholesale and retail prices of flour across the city, according to a...

Nepra raises electricity tariff by Rs0.34 per unit for consumers across Pakistan, including Karachi

byCT Report
09/07/2026

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs0.34 per unit increase in electricity tariffs for consumers...

Govt keeps gas prices unchanged despite Ogra’s recommendation

byCT Report
07/07/2026

ISLAMABAD: Consumers will not receive lower gas tariffs in FY2026-27 after the federal government decided to retain existing rates despite...

Next Post

Sustainable Development Conference 2016 starting from 6th

  • 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.