LAHORE/ISLAMABAD – ‘Supply failure’ of petrol has created a big problem for Lahore and Islamabad people as more than 80% fuel pumps are closed due to insufficient petrol and people are unable to bring their vehicle on roads.
People in Lahore and ‘twin cities’ are badly suffering badly as more than 80% fuel pumps of these cities have been closed due to supply failure of petrol and rest of the pumps are unable to meet the daily consumption, as a result large ques can be seen outside the fuel stations.
The most bad part of the news is that it is expected that the remaining pumps, which were open, would also be shut down if the supply of petrol was not restored.
Talking about the Lahore city, the petrol is being sold at Rs 92/liter which is much greater than the actual official price of petrol.
Further the transporters have also increased the fares which is another problem for commuters.
Lahore’s daily consumption of petrol is 2.5 million liters whereas the current supply to the city stands at 400,000 liters only.
There are a total of 280 filling stations operating in Lahore. At least 119 of the filling stations are owned by the state-owned oil company PSO while the rest are privately owned.
Analyzing the scenario a Station owner said “The situation, created by financial crisis of the PSO, was worsened by persistent fog in the last few weeks, which badly hit supply chains.”
Talking about the supply failure one of the fuel, another station owner said that “The city stations are getting only 30 per cent of their demand, and the situation is squeezing further.”
Another station owner tried to dig out the causes as he said “The PSO has same share in each ship imported, with others pooling in partly. This also means, if the PSO does not import, other companies simply lack financial clout to import on their own; the situation thus overwhelmingly depends on the PSO – and it is worsening by the day.”
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