Islamabad, 24 January 2023 (GNP): The spokesperson of OGRA said in a statement:” Ogra strongly rebuts the speculations on petrol/diesel shortages. Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage. The local refineries are playing their due role in meeting the demand for petroleum products. Enough stocks are available to fulfil petrol demand for the next 18 days and diesel demand for the next 37 days.”
This statement comes one day after petrol dealers announced that oil companies had reduced supplies of petroleum products over long delays in the issuance of letters of credit by private banks for imports.
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This resulted in long queues and panic buying of petrol in various cities across Pakistan. The market has been short on supplies for the last two weeks, but the situation was kept under control by the companies as they diverted supplies to the main cities, letting the rural side bear the brunt.
