ISLAMABAD: Pakistan is seeking a monthly supply of crude oil from Russia at a price not exceeding the $60 per barrel limit set by the Group of Seven nations, a senior official of the Energy.
The country’s Petroleum Division called upon the Oil and Gas Regulatory Authority (Ogra) chairman to take regulatory action against those companies operating dry retail outlets.
Pakistan Fuel Shortage: Pakistan is experiencing its most severe economic crisis in recent history. However, another blow may hit Islamabad soon as it is staring at an oil crisis, according to a latest news report. The country’s Petroleum Division has called upon the Chairman of the Oil and Gas Regulatory Authority (Ogra) to initiate regulatory measures against OMCs operating outlets facing shortages in order to address the situation., Economy News, Times Now
Pakistan government fears oil crisis as depots run dry devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
The Pakistan government is concerned about a potential oil crisis as some retail outlets of oil marketing companies (OMCs) have been found to be dry in certain locations. The Petroleum Division has called on the Oil and Gas Regulatory Authority (Ogra) to take action against these companies.