Latest update September 26th, 2016 9:58 AM
Jan 28, 2015
ISLAMABAD–Petroleum Minister Shahid Khaqan Abbasi has said he is ready to relinquish his post if it helps end petrol crisis.
Speaking to media on Wednesday, he dispelled the notion that the crisis might resurface next month.
He said POL prices would further go down by February 1 and that price of per liter petrol would be equal to sale price of per Kg CNG.
Responding to a question, the minister said that as to why OGRA kept issuing notices to oil companies if it was not responsible for the petrol crisis
Abbasi said 20,000 ton furnace oil was being provided to power sector on daily basis while 12 days of stock was also available.
He said besides making arrangements for additional reserves of petrol, the ministry has also made arrangements to meet the demand of 19,000 matric ton per day.
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