Who Is Responsible For The Petrol Shortage?
In case we needed more evidence that the energy situation in Pakistan is a total mess, there is critical shortage of petrol and fuel in Pakistan. There were long lines at the petrol stations and people had to waste a lot of time and effort to get any feul. The previous shortage happened in the summer when prices were going up. The shortage has led to black marketing and petrol was being sold at prices of up to Rs 75-80 per litre. The prices of liquefied petroleum gas also remained above Rs 80 per kg in most areas of Lahore.
Why did this happen now that the oil prices are going down and who is responsbile?
Petroleum dealers said that the shortage of petrol and diesel is due to non-supply from oil marketing companies (OMCs). Pakistan Petroleum Dealers Association Central President Abdul Sami Khan said the oil marketing companies have demanded the government increase their commissions and therefore are not ready to give stocks of petrol in the country until their demand is met. He said the government should take immediate action to provide relief to the citizens. An oil company official said the petroleum prices are likely to fall in the coming days, adding that petrol companies are not ready to lift the fresh stocks.
What is the government doing to fix this?
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Josh – thanks for the note. Keep up the good work at energypoweralternatives!