June 8, 2022
1 min read

Islamabad, Rawalpindi suffer fuel shortage

Later, rebutted reports and clarified that the government has no plans to hike the price of petroleum products…reports Asian Lite News

Long queues have lined up outside petrol pumps in twin cities — Islamabad and Rawalpindi — after oil marketing companies (OMCs) stopped the supply of the essential commodity, the media reported.

A representative of the petrol pump association said that the supply has been stopped and tankers have lined up outside oil depots for refilling, Geo News reported.

The official asked the OMCs to restart the supply of petroleum products as if the reserves of the petrol pumps run out, then businesses will be severely affected.

“We are in talks with oil supply companies regarding the matter,” he added.

Meanwhile, Chairman Pakistan Petroleum Dealers Association (PPDA) Abdul Sami Khan said that the reserves of the pumps are running shortly after “Finance Minister Miftah Ismail announced another probable hike in petrol prices”.

He maintained that the supply to the petrol pumps had not stopped yet, but due to the rush at the filling stations, their reserves might be exhausted soon, Geo News reported.

Later, rebutted reports and clarified that the government has no plans to hike the price of petroleum products.

“There will be no increase in prices today, and there is no summary or plan to raise prices,” the Pakistan finance minister said in a tweet after media reports quoted him as saying that petrol prices will move up further.

“In the pre-budget seminar I never even spoke about petroleum prices. Channels running these tickers are doing a disservice to their viewers,” the finance minister said.

In his address to the one-day long pre-budget business conference, Ismail said that had the government taken decisions in line with former prime minister Imran Khan and former Pakistan finance minister Shaukat Tarin’s deal with the International Monetary Fund (IMF), the price of petrol would have stood at Rs 300 per litre.

ALSO READ-Pak Taliban dominates new round of dialogue with desperate Islamabad

Previous Story

Zeliangrong Nagas now endorse Kitovi-led NNPG

Next Story

Right to inheritance and property ‘far cry’ for Pak women

Latest from -Top News

Wang Yi Meets PM Modi

Chinese Foreign Minister Wang Yi on Tuesday met Prime Minister Narendra Modi in New Delhi, delivering President Xi Jinping’s message and invitation for the upcoming SCO Summit in Tianjin….reports Asian Lite News

India, UAE Boost Naval Ties

Both nations have stepped up naval cooperation in recent years, including bilateral exercises, port calls, and information-sharing mechanisms….reports Asian Lite News In a major push to maritime diplomacy, UAE Naval Forces Commander

Jaishankar Co-Chairs Key Russia Talks

The session, aimed at further deepening bilateral relations, is a key engagement in his ongoing three-day official visit to Russia…reports Asian Lite News External Affairs Minister S. Jaishankar will co-chair the 26th
Go toTop

Don't Miss

Jamaat-e-Islami Holds Pro-Palestine Rally in Islamabad

The report stated the JI mobilised a massive crowd of

Pakistan govt reaches agreement with banned TLP

Pakistan Prime Minister-led Imran Khan government on October 31 reached