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Home Business

OCAC website un-updated for about three months

byCustoms Today Report
20/01/2015
in Business
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KARACHI –Pakistan imported 650,044 tonnes petrol from July-September 2014 while import of petrol in 2007-08 was 127,385 tonnes which reached to 2.19 million tonnes in 2013-14, as per the ‘current data’ on the website which has not been updated since October 2014 by the Oil Companies Advisory Council (OCAC).

The export data of naphtha from October 2014 onwards is also absent from its website. Its objectives are to represent the downstream oil industry at various forums in matters of common interest affecting their operations in Pakistan and to pro-actively plan any infrastructure upgrades de-bottlenecking needed as per medium/long term petroleum product availability projections.

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The negligence surfaced amidst a petroleum crisis when stakeholders are contesting demand and supply data. The latest sales data of various petroleum products have also not been posted. It only provides the sales statistics data from July-June 2004-05 to July-February 2013-14.

It currently comprises the country’s five refineries including Parco, NRL, PRL, ARL and Bosicor Pakistan Limited. Ten oil marketing companies including PSO, Shell Pakistan, Chevron Pakistan Limited, Attock Petroleum Limited, Total Parco Limited and Admore Gas are also its members.

Refinery production data of various POL products starts from 2003-04 and ends at July-March 2013-14. Another objective is to develop plans/suggestions to help government to streamline the oil and gas sector.

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