22.1 C
Delhi
Wednesday, October 4, 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

NewsClick faces UAPA: What is the media portal’s Chinese connection?

On Tuesday, October 3, Delhi police raided the homes of several journalists associated with NewsClick, including Abhisar Sharma,...

Tremors felt in Delhi-NCR, magnitude 6.2 earthquake in Nepal

Tremors of magnitude 4.6 were felt in Delhi-NCR and the surrounding regions after a magnitude 6.2 earthquake hit...

Asiad men’s kabaddi: India begin with clinical 55-18 win over B’desh

Hangzhou: The Indian men's kabaddi team began their campaign for the title at the Asian Games 2023 with...

Turkish security forces conduct over 450 operations against PKK

Ankara: Turkish security forces have conducted over 450 operations against members of the banned Kurdistan Workers' Party (PKK)...