The government on Monday took notice of the shortage of diesel in the country and decided to take stern action against those involved in creating its artificial shortage.
According to the official sources, a high-level virtual meeting was chaired by Secretary Petroleum Ali Raza Bhutta during which it was briefed that the country had the required reserves of petroleum products.
The meeting was also told that the required 21-day stock of diesel and 31-day stock of petrol was available in the country, and, an artificial shortage of diesel was created on the rumours of Rs52 per litre rise in its prices.
The meeting decided to take stern action against the hoarders of diesel, instructing all chief secretaries of the four provinces to carry out raids and cancel licences of the dealers involved in the hoarding of the diesel.
