KARACHI: The Pakistan State Oil (PSO) is ensuring the availability of petroleum products all over the country.
This was stated by an official of the company in a statement here on Sunday. He pointed out that neither there is any shortage of fuel nor there will be any shortage of fuel in the country.
The statement was issued in response to an article published by a leading national daily with headlined `Petrol likely to get scarce amidst dwindling stocks'.
`The country's largest oil marketing company, Pakistan State Oil (PSO) would like to confirm that neither there is nor there will be any shortage of fuel in the country. The company has sufficient quantities of fuel and our depots are working round the clock to ensure an uninterrupted supply of products throughout the country.
`The company is continuing to manage its imports and refinery purchases smoothly. 170,000 metric-tons of petroleum product imports are in the pipeline with majority of this quantity will be available in only next few days. We would therefore like to assure our customers that there will be no shortage of fuel at PSO outlets', the PSO statement added.
`Despite all the challenges on liquidity front, PSO is continuing to supply more than its market share to ensure an uninterrupted availability of petroleum products across all parts of the country', the statement added.
`Currently our collective receivable from power sector, government for price differential claims, PIA and SNGPL stands at Rs 293.6 billion. We are constantly engaging with the Ministry of Energy, Ministry of Finance, PIA and SNGPL for release of funds', it further pointed out.
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