Petrol crisis averted after fresh imports arrive in Pakistan

Pakistan petrol crises

Concerns about a potential shortage of petrol due to tensions between the United States and Iran in the Middle East have receded with the start of the arrival of fuel shipments in Port Qasim.

According to the officials several petrol-filled ships have started docking in Port Qasim for a continuous supply of petroleum products to the different parts of the country.

A gas oil carrier MT Torum Damini has already chained in FOTCO terminal whereas MT Nave Atropos arrived at FOTCO terminal on March 9 carrying 50,000 metric tons of petrol. Another ship MT Spross 2 is to dock at 8:30 pm on March 10th with 55,000 metric tonnes of petrol.

Additionally MT Sea Clipper is expected to approach the port in March 11 at noon with about 34,000 metric tons of petrol.

A spokesperson for Port Qasim confirmed that a fuel vessel arriving from Fujairah has already reached the port and more ships carrying petroleum products are expected in the coming days for uninterrupted supply of fuel.

The arrival of the multiple shipments has helped to reduce fears of a fuel crisis and will help stabilise the availability of petrol in the country despite the tensions in the region, officials say.

PM Shehbaz announces measures for public relief

A day earlier, Prime Minister Shehbaz Sharif during his address said Pakistan stands with friendly countries during this difficult time. He said Pakistan considers the security of these countries as part of its own security.

The Prime Minister announced several government measures to reduce expenses. He said fuel for government vehicles will be reduced by 50 per cent for the next two months. Around 60 per cent of government vehicles will remain off the roads during this period.

He also said that two days’ salary of officers in Grade 20 and above will be deducted. The money will be used for public relief. Government departments will also reduce their expenses by 20 per cent.

According to the Prime Minister, only 50 per cent of staff will work in government and private offices except for essential services. Offices will open four days a week, and there will be one extra weekly holiday.

He said that all schools will go on a two-week holiday from the end of this week. Educational institutions will start online classes during this period.

The Prime Minister also warned hoarders and profiteers not to increase prices illegally. He said provinces have been instructed to take action against them.

He added that government seminars will now be held at official venues instead of hotels to reduce expenses. He said Pakistan needs unity and national solidarity at this time.

Also read: PM Shehbaz speaks to nation on current situation