AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 No Change 0 (0%)
BR30 31,189 No Change 0 (0%)
KSE100 97,798 No Change 0 (0%)
KSE30 30,481 No Change 0 (0%)

Prime Minister Nawaz Sharif has taken serious notice of shortage of petrol in different parts of the country while the petrol crisis will be overcome within few days. PML-N leader Mohammad Pervaiz Malik said here on Monday the Prime Minister has already held an enquiry on this issue and suspended four officials, which reflects that the PM is fully concerned on this issue and wants to resolve the problem of petrol shortage.
He said the government is working to resolve shortage of petrol in the country. "We will overcome the energy crisis by starting new energy projects. National economy has become stable due to prudent policies of the government," he said. He said stringent measures are being taken to avoid such situation in future while provision of complete petrol supply would be ensured within next few days.
On the other hand, Pakistan Economy Watch (PEW) VP Sajid Ghulam said that Pakistan State Oil (PSO) has repeatedly failed to maintain supply chain of the fossil fuel resulting in crisis, the credit of ongoing petrol crisis also goes to the PSO among others. Private sector should be allowed to import petroleum products as well as LNG as PSO has no experience in the import of gas and red-tapeism will delay arrival of LNG which will compromise growth, said Sajid Ghulam. He said that PSO lacks ability to get receivables or discontinue supply to defaulting entities which has landed it into circular debt beyond government's capacity to resolve it. Sajid Ghulam said that petroleum ministry has not ratified the wrongdoing of former regime, rather preferred to ignore the same which is disappointing.

Copyright Business Recorder, 2015

Comments

Comments are closed.