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

Ghana Welcomes PM Modi

Hundreds of people, including locals, started chanting “Modi-Modi”, “Bharat Mata Ki Jai” and “Vande Mataram” as soon as PM Modi arrived at the hotel….reports Asian Lite News Prime Minister Narendra Modi received

Musk Signals Thaw in Trump Rift

Musk credited Trump for resolving major global conflicts, tagging a Truth Social post to back his claim….reports Asian Lite News Tesla CEO and former presidential advisor Elon Musk appeared to signal a

Tibetans Slam China’s ‘Reincarnation Politics’

Sikyong said the Chinese government is systematically working to erase Tibetan identity by targeting its language and religion, core pillars of its cultural heritage….reports Asian Lite News With the Dalai Lama entrusting
Go toTop

Don't Miss

Islamabad on Edge as PTI Protests Intensify

Local media cited that Gandapur’s decision to leave the party

Pak to invite Afghan Taliban to ministerial meet of Afghanistan’s neighbours

Pakistan’s Foreign Minister Shah Mahmood Qureshi has said that Islamabad