Islamabad: Hascol Marketing License of Khyber PakhtunKhwa has been suspended with immediate effect and the penalty of Rs.10 million has been imposed.Hascol Petroleum Limited (HPL) was found operating illegal/unauthorized storage and selling of petroleum products (petrol & diesel) at Amangarh Depot. Based on the investigation and the documents, provided by HPL, it was proved that HPL remained involved in severe violations of Law/Rules and failed to provide reasonable justification for the operation of this depot despite of OGRA’s clear directives for the stoppage of operation of Amangarh depot till the fulfillment of all legal requirements & OGRA’s permission in January 2020. The company was served with Show Cause Notice on October 13, 2020 on the illegal operation of Amangarh Depot & to explain the facts by appearance. Online
