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Shortage of petrol increases across country after reduction in POL prices

Shortage of petrol increases across country after reduction in POL prices
June 4, 2020
KARACHI (92 News) – The shortage of petrol has been increased across the country after reduction in the petroleum products (POL) prices. According to the details garnered, the petrol pumps spread over the country have been facing a shortage of fuel supply, adding to the difficulties of the public as well as transporters. It was also reported that the shortage added to the misery of citizens across the country, including the residents of the financial hub of the country, Karachi. The general public of Karachi, Quetta, Faisalabad, Sargodha and other cities of the country are facing difficulties due to the shortage of petrol. It is pertinent to mention here that despite the notice of Prime Minister (PM) Imran Khan and OGRA the situation of petrol shortage remained the same condition. The sources said that the oil companies are not purchasing the oil. In Karachi, the shortage of petrol has been persisting since the past three days, while some stations are selling expensive high-octane to people. Pakistan State Oil is supplying petroleum products to stations, adding that some companies did not buy petrol at lower prices. Some companies are not selling petrol for an inventory gain. Citizens continued to suffer due to an acute shortage of petrol and diesel in several cities after a cut in the prices. Both POL products were unavailable in Islamabad, Karachi, Lahore, Peshawar and Quetta. Good transporters and petroleum organizations have held the government responsible for the shortage of POL products. Citizens said that the government should shift the benefit of the cut in prices to them by striking a balance between supply and demand of petrol. They said that petrol is unavailable at petrol pumps. “Long queues of people are present at the pumps where petrol is available,” he said.