ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) is examining the replies received from the six oil marketing companies (OMCs) over alleged involvement in petroleum products shortages in various parts of the country.
An official of the Ogra told Business Recorder that the authority received response of the show cause notices issued to six OMCs - Attock Petroleum Limited (APL), Shell Pakistan Limited, Total Parco Pakistan Ltd, Hascol Petroleum Ltd, Gas and Oil Pakistan, and Puma Energy (Private) Ltd.
They were blamed for creating artificial shortage of petrol across the country out of 33 OMCs.
Spokesman Ogra Imran Ghaznavi tweeted, "Around 22 Ogra enforcement teams along HDIP experts would inspect all oil depots across Pakistan from Wednesday to check the availability of fuel stocks. Violations would be dealt according to law."
The Petroleum Division on Tuesday had strictly advised all OMCs to replenish the retail outlets and normalize the situation for the provision of the POL products within 24 hours, otherwise the division would be compelled to move references to Ogra for suspension of their marketing licenses, said a letter of the DG, Oil addressed to Chief Executive Officers (CEOs) and OCAC.
The letter alleges OMCs that they had failed to ensure uninterrupted supplies of the POL products at their retail outlets.
They (OMCs) are also intentionally/willfully hoarding the products as well, the letter added.
In a statement, All Pakistan Petroleum Retailers Association alleged that petrol pumps and refilling stations were facing shortage of petroleum products as OMCs were not supplying the fuel.
Comments
Comments are closed.