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Majority of fuel stations shut down amid low POL prices

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Fuel stations in parts of the city remained shut on Monday over lack of supply from private oil companies amid unprecedented lowering of the petroleum products’ prices. According to details, fuel shortage was witnessed at the stations of the private oil companies in Karachi after supplies were not released from the companies. Even police vans were not provided with the fuel as some areas also reported sale of petrol on higher prices. Long queues of vehicles were witnessed at various petrol pumps in the city, as citizens rushed to the stations to refill their vehicles’ tanks. The petroleum retailers have demanded of the government to ensure smooth supply of petrol and diesel to the pumps across the country. The citizens faced difficulty during the refueling process as around 60 percent of the fuel stations across the city remained shut down. It is pertinent to mention here that petroleum prices went through another significant decrease on Sunday after Oil & Gas Regulatory Authority (OGRA) summary for slashing prices was approved.

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