After Punjab and K-P, Karachi on the cusp of petrol drought

25 per cent of the petrol pumps in the city closed due to shortage of petrol

People standing in queues to get petrol at a petrol pum in Karachi. PHOTO: MOHAMMAD SAQIB/EXPRESS

KARACHI:
After Punjab and Khyber-Pakhtunkhwa (K-P), Karachi is now on the verge of a petrol drought, Express News reported.

People were seen waiting in long queues, hoping to get some fuel as 25 per cent of the petrol pumps in the city shut down on Monday evening due to the shortage of petrol.

Petrol dealers claimed that they received no fuel supply on Sunday, and only received half of their usual supply on Monday, leading to a shortage in petrol.

As was witnessed in Lahore, scuffles broke out between motorists who were vying to get petrol, Express News correspondent Aamir farooq reported.

Earlier, facing public anger over petrol shortages across the country, Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi promised on Monday that the crisis, which has led to never-ending queues outside petrol stations, would be resolved by this week.


Speaking at a press conference in Islamabad, Abbasi said the shortage was a result of exceptional petrol demand in January.

“In January, the daily demand of petrol rose from 12,000 tonnes to 15,000 tonnes,” he said. “As a result, there has been a shortage and we are managing it.”

Further, explaining the petrol shortage, Abbasi said since there was a fall in prices, people bought more petrol and hence there was a decrease in reserves.”

Other than a fall in prices, the minister said, tripping of Parco refinery and a delay in fuel shipment to the Pakistan State Oil (PSO) contributed to the fuel shortage.

Now, Abbasi said, the petrol supply has been stabilised with 15,600 tonnes, 30 per cent more than the actual demand in December 2014. Hence, the crises will soon end, he added.

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