Petrol crisis to further worsen amid shortage of stock | Pakistan Today

Petrol crisis to further worsen amid shortage of stock

KARACHI: A shortage of petrol and diesel at most fuel stations across the country reportedly due to the limited supply of petroleum products have added to the miseries of people.

The scarcity of petrol across the country has turned severe on Friday, as most petrol pumps remained closed in Karachi, Lahore, Peshawar, and Quetta. However, long queues can be witnessed on those pumps which were open.

Sameer Najmul Hassan, chairman of All Pakistan Petroleum Retailers Association (APPRA), in a statement, said oil companies will likely run out of their oil stocks in the next three days. They have been left with the stock hardly enough to last out more than three days, he added.

He said a new quota of petroleum products is not being purchased due to a consistent decrease in the oil companies’ quota. No company other than the Pakistan State Oil (PSO) is purchasing oil at present, the APPRA chairman said.

“The situation seems to be going from bad to worse until Sunday,” he warned. He said 15 oil marketing companies in total, including the PSO, purchase oil in the country.