PSO, OGRA refute reports of petrol shortage


Country has sufficient petrol and diesel stocks for meeting the needs of 18 and 37 days, respectively, says OGRA
Pakistan State Oil (PSO) and the Oil and Gas Regulatory Authority (OGRA) on Tuesday denied reports of petrol shortage in country.
PSO in a statement said Tuesday Furnace Oil, Petroleum and Liquefied Natural Gas (LNG) were being supplied uninterruptedly. PSO has surplus petrol in its reserves, the statement added.
PSO’s spokesperson said the petroleum’s state agency currently has 200000 tons of furnace oil in stock, while 9 cargos of LNG are also being utilized as per the plan.
The spokesperson said PSO was ensuring the provision of petroleum products in routine manner and it has more than sufficient reserves of petrol in stock.
On the other hand, Oil and Gas Authority (OGRA) also strongly refuted the reports of petrol shortage in country.
According to OGRA spokesman Imran Ghaznavi, the country has enough reserves available to meet 17 days of petrol and 32 days of diesel demand.
Ghaznavi said that ships with 100,000 metric tonnes of petrol are at the berth, adding that local refineries are playing an active role in meeting the demand for petroleum products.