AVN 65.52 Decreased By ▼ -1.18 (-1.77%)
BAFL 29.72 Increased By ▲ 0.22 (0.75%)
BOP 4.05 Decreased By ▼ -0.03 (-0.74%)
CNERGY 3.57 Decreased By ▼ -0.05 (-1.38%)
DFML 11.56 Decreased By ▼ -0.24 (-2.03%)
DGKC 42.03 Decreased By ▼ -1.17 (-2.71%)
EPCL 45.66 Decreased By ▼ -0.33 (-0.72%)
FCCL 11.60 Decreased By ▼ -0.25 (-2.11%)
FFL 5.78 Decreased By ▼ -0.10 (-1.7%)
FLYNG 5.94 Decreased By ▼ -0.13 (-2.14%)
GGL 10.88 Decreased By ▼ -0.37 (-3.29%)
HUBC 67.40 Decreased By ▼ -0.48 (-0.71%)
HUMNL 5.59 Decreased By ▼ -0.05 (-0.89%)
KAPCO 24.38 Decreased By ▼ -0.47 (-1.89%)
KEL 2.11 Decreased By ▼ -0.02 (-0.94%)
LOTCHEM 24.92 Decreased By ▼ -0.08 (-0.32%)
MLCF 24.58 Decreased By ▼ -0.29 (-1.17%)
NETSOL 74.12 Decreased By ▼ -2.08 (-2.73%)
OGDC 84.67 Decreased By ▼ -1.19 (-1.39%)
PAEL 10.61 Decreased By ▼ -0.44 (-3.98%)
PIBTL 3.91 Decreased By ▼ -0.07 (-1.76%)
PPL 64.81 Decreased By ▼ -1.19 (-1.8%)
PRL 12.74 Decreased By ▼ -0.21 (-1.62%)
SILK 0.87 Decreased By ▼ -0.01 (-1.14%)
SNGP 39.41 Decreased By ▼ -1.34 (-3.29%)
TELE 7.06 Decreased By ▼ -0.42 (-5.61%)
TPLP 14.70 Decreased By ▼ -0.39 (-2.58%)
TRG 107.60 Decreased By ▼ -2.85 (-2.58%)
UNITY 13.37 Decreased By ▼ -0.14 (-1.04%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 4,040 Decreased By -40.6 (-0.99%)
BR30 14,413 Decreased By -217.8 (-1.49%)
KSE100 39,942 Decreased By -434.1 (-1.08%)
KSE30 14,739 Decreased By -177.2 (-1.19%)
Follow us

LAHORE: Long queues of two-wheelers and cars have been witnessed at filling stations in most parts of the Punjab province following a reduction in supplies by oil marketing companies.

A number of pumps in various cities including Kharian, Sargodha, Gujranwala, Sialkot, Narowal, Okara and Shakargarh have also been closed due to the shortage of petrol, while the filling stations with oil attracted large crowds of motorists and motorcyclists.

As the media catches the air of petrol shortage, panicked citizens rushed to petrol pumps on Tuesday.

The widespread rumours of an additional increase in petroleum products are another reason behind the shortage. Consumers want to have more oil for saving money while petrol pumps intend to earn more by creating an artificial shortage of fuel.

Country braces for fuel shortages?

Petrol dealers insisted that the companies had cut down supplies of petroleum products to the province over long delays in the issuance of letters of credit by private banks for imports.

However, Minister of State for Petroleum, Dr Musadik Malik refuted the news of the oil shortage and said that the country has petrol quantity for the next 20 days at least. Earlier this month, parts of the country faced a similar situation, before the price hike, but despite the painful addition of Rs35 per liter, the basic commodity is still short.

The sources claimed that only a few fuel stations are offering petrol in several cities including Lahore, Sargodha, Gujrat, Gujranwala, Multan, Bahawalpur, Sialkot, and Faisalabad. Motorcyclist Ahmad Awais reported the closure of most filling stations on the Multan and Ferozepur Roads. Distressed people from the various cities complained of fuel shortage while others shared the ordeal to wait for hours to get fuel petrol. Several reports hint at panic buying at petrol stations as several pumps had already stopped sales owing to the limited availability of stocks.


Comments are closed.

Muhammad Ali Feb 09, 2023 09:58am
There is no petrol sale on majority of pumps in Faisalabad for last two days. Why govt leaked prospective rate increase in media if they can't control hoarding? Administration is giving blind eye to hardships of consumers.
thumb_up Recommended (0)

Petrol shortage hits major cities of Punjab

SBP-held forex reserves increase $280mn, now stand at $4.6bn

KSE-100 ends below 40,000 level amid IMF uncertainty

IMF seeks financial assurances before taking 'next step with Pakistan'

Pakistani professionals struggle with higher costs as economy teeters

LHC extends Imran Khan's protective bail in 5 cases till March 27

Remarks on woman judge: Islamabad court changes Imran’s non-bailable arrest warrant into bailable one

Pakistan’s logistics startup Trax says it has raised $3.7mn in seed funding

Import restrictions: Indus Motor suspends production again

Indian opposition dealt major blow as parliament bars Congress leader Gandhi

Barrister Shehzad Ata Elahi resigns as Attorney-General