Amid a nationwide strike by petroleum dealers, oil companies were expected to ensure that their company-owned company-operated (COCO) pumps remain operational. However, fewer than expected pumps were seen open on Thursday morning and companies were charting out their plans. While the state-run Pakistan State Oil (PSO) and the largest private oil company Shell Pakistan opened their COCO pumps, other companies including Hascol, Total Parco, and Go were less responsive to the situation. The Oil and Gas Regulatory Authority (Ogra) on Wednesday instructed oil companies to ensure supply after the Pakistan Petroleum Dealers Association (PPDA) announced that it would go ahead with its strik.
Amid a nationwide strike by petroleum dealers, oil companies were expected to ensure that their company-owned company-operated (COCO) pumps remain operational. However, fewer than expected pumps were seen open on Thursday morning and companies were charting out their plans. While the state-run Pakistan State Oil (PSO) and the largest private oil company Shell Pakistan opened their COCO pumps, other companies including Hascol, Total Parco, and Go were less responsive to the situation. The Oil and Gas Regulatory Authority (Ogra) on Wednesday instructed oil companies to ensure supply after the Pakistan Petroleum Dealers Association (PPDA) announced that it would go ahead with its strik.
The Pakistan Petroleum Dealers Association (PPDA) has called a nationwide strike on November 25 to protest selling fuel at a “low-profit margin” as a result of which people panicked and rushed to petrol pumps out of fear of a shortage.