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Pakistan experiences diesel shortage as demand increases

Komal FatimaWeb Editor

10th May, 2020. 05:02 pm
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Pakistan experiences diesel shortage as demand increases

Diesel is short in availability in most areas of Pakistan today. Pakistan State Oil is the only company that has diesel stock.

Sources revealed that diesel was being sold out as demands increased because of wheat harvesting and easing of lockdown measures. Several petroleum companies did not succeed in importing enough stocks.

On the contrary, PSO is compelling retail outlets to avail supply of 15, 000 litres of petrol for 5,000 liters of diesel.

Earlier, petrol prices in Pakistan had decreased by Rs 15, BOL News reported on 30th April.

According to details, the Oil and Gas Regulatory Authority (OGRA) had proposed the government to decrease the prices of petroleum products.

The authority had suggested the price of per litre petrol for Rs 44 from the next month (May).

The suggested price of petrol by Rs20.68/ liter, light diesel oil (LDO) by Rs24.57/ liter, diesel may be reduced by Rs33.94 per liter and kerosene oil by Rs44.07/ liter.

If the government accepts the suggestion of the Authority, the petrol price will come down from current Rs96.58/ litre to Rs75.9/ litre and diesel price will reduce to Rs73.31/ litre from current Rs107.25/litre. Similarly, the LDO price will come down to Rs37.94/ litre from current Rs62.51/ litre and kerosene price will come down to Rs33.38/ litre from current Rs77.45/litre.

The sources said that OGRA had forwarded the summary to the Ministry of Energy (Petroleum Division) for approval.

Petroleum supply resumed to pump stations in Karachi


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