20.1 C
Delhi
Tuesday, March 28, 2023

Pakistan has sufficient petrol, diesel stocks to meet domestic demand: OGRA

Date:

Share post:

Islamabad: Pakistan’s Oil and Gas Regulatory Authority (OGRA) said that the country has sufficient petrol and diesel in stock to meet domestic demand after rumors of shortage triggered panic buying of petrol and diesel in all major cities of Pakistan.

“Sufficient stocks of petrol and diesel are available across the country,” OGRA Spokesman Imran Ghaznavi said in a statement on Tuesday, adding that the country has enough petrol and diesel stocks for meeting the needs of 18 and 37 days, respectively.

He said that the local refineries are also playing their due role in meeting the demand for petroleum products.

Earlier, the Oil Companies Advisory Council of Pakistan (OCAC) highlighted challenges being faced by oil marketing companies and refineries due to delays in the opening of letters of credit for the import of petroleum products.

The OCAC has requested the federal government to intervene immediately to ensure the timely issuance of letters of credit to avoid a fuel shortage in the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Muslims attack Hindu rally in Jaipur in presence of police

In the Tala village of the Raisar area of Jaipur’s Jamwa Ramgarh, a Muslim mob attacked and pelted...

Rahul Gandhi gets eviction notice to vacate bungalow in 30 days

After being disqualified as an MP of the Lok Sabha, former Wayanad MP Rahul Gandhi has now received...

BJP walks out of Bihar assembly in protest against enhanced energy tariff

Patna: The opposition protesting against the increased rates of energy bill and demanding a reply from the government...

Develop special parks for Sarus crane, swamp deer: CM Yogi

Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath on Monday while emphasising on protecting the wildlife and promoting a...