Tag: Petrol

ISLAMABAD/ LAHORE - After the government's failure to convince the All Pakistan CNG Association (APCNGA) to continue the two-day gas curtailment, the association announced an indefinite strike across the country from 12 midnight today (Wednesday). The Petrol Retailers Association (PPRA) will also support this strike and will keep their petrol pumps closed in Lahore. APCNGA Supreme Council Chairman Ghiyas Abdullah Paracha told reporters that all CNG stations in Punjab would go on an

ISLAMABAD/LAHORE - Demanding the government introduce drastic cuts in non-development expenditure and plug loopholes in the existing tax collection system to manage financial troubles, the government's coalition partners - the Awami National Party (ANP) and Muttahida Qaumi Movement (MQM) - as well as opposition parties strongly condemned the hike in petroleum prices on Friday.
In a statement issued from London, MQM chief Altaf Hussain rejected the increase in POL prices, calling

LAHORE - Petrol pump owners again resorted to their fleecing techniques by stopping sales on Thursday, as fuel prices are expected to be increased by 10 to 15 percent from midnight, Pakistan Today has learnt. Motorists and motorcyclists were seen searching for petrol from one pump to another. Petrol pumps located in major areas of the city including Model Town, Garden Town, Allama Iqbal Town, Mughalpura, Dharampura, Ghari Shahu and others stopped selling fuel in the evening and hardly

KARACHI - The soaring prices of POL (petrol, oil and lubricants) have remarkably increased the sale of smuggled Iranian petrol, causing losses worth billions of rupees to the exchequer, while important government personalities are also investing in and harbouring this illegal business, sources have informed Pakistan Today.
The daily consumption of Iranian petrol has gone through the ceiling, whereas a major decline between 10,000 tonnes and 15,000 tonnes in daily consumption of

LAHORE - The 10 percent increase in petroleum prices has affected the rich and poor alike in the city. Citizens complained that the hike had affected their budget as a whole and criticised the authorities for the decision. Rustam Ali Khan, a father of three said, "I don't understand what this government wants from us; we already do not get CNG for 2 days in a week and now a sudden raise of more than 7 rupees in the petrol prices ? I have no idea what the government is up to."
He

LAHORE - Inter-city transporters have increased fares by 10 percent while transporters are all set for a wheel jam strike if the federal government does not reverse the increase in fuel prices.
Talking to Pakistan Today, transporters said that the increase in fuel prices is a 'drone attack' by the federal government against the public. They said that they would announce a wheel jam strike in Punjab if the prices are not reversed. Urban Bus Owners Association Punjab Chairman

KARACHI - R ioting broke out in many parts of the city on Monday after petrol pump owners observed a token strike on the call of Pakistan Petroleum Dealers Association (PPDA). While petrol pump owners sought an increase in their commission, enraged citizens blamed them for halting supplies in an attempt to make higher profits in view of Oil and Gas Regulatory Authority's (OGRA) anticipated decision to increase the prices of petroleum products. These fears turned out to be true by late

LAHORE - Lahoris had a bad vehicle day, as all CNG stations were closed due to the two-day weekly closure and petrol pumps stopped sales, as fuel prices are expected to increase by Rs 7 to 9 per litre from midnight, Pakistan Today has learnt.
Motorists criticised the Sui Northern Gas Pipelines Limited (SNGPL) for not giving relief to CNG stations despite the fact that petrol pumps were also closed. Petrol pump owners want to mint money by selling the commodity at higher prices

KARACHI - Given the sharp rise in international crude oil prices escalating to $101 per barrel due to instability in Egypt and Tunisia, the government is fast running out of options with regards to keeping product prices stable; the reduction in petroleum development levy (PDL) for two months only is estimated to have cost the government revenue kitty to the tune of Rs 12 to 13 billion.
If the PDL is maintained at current levels for the rest of the fiscal year cumulative

Lahore - Lahore High Court Justice Azmat Saeed on Friday extended the stay order till February 15 against the demolition/sealing off of 18 petrol pumps and CNG stations located in the city, as LDA sought time to file a written reply. Pakistan State Oil and different companies have moved petitions against the cancellation of their lease agreement, sealing and demolition of the structures. They pleaded that they had established petrol pumps and CNG stations on the land owned by LDA.