There is no fuel shortage in the country, as fake news is circulating on social media. The federal government has taken advanced measures to ensure a sufficient supply of petroleum products.
According to details, Pakistan has arranged four Very Large Crude Carriers (VLCCs) to ensure an uninterrupted fuel supply across the country. In addition, a mechanism is being developed to prevent fuel shortages, while strict action will also be taken against illegal hoarders.
The government has secured four VLCCs from different countries to meet petroleum product requirements if a shortage arises due to the ongoing conflict in the Middle East. The inner sources revealed that two crude oil carriers are arriving from the United States, while one tanker each will come from Saudi Arabia and the United Arab Emirates.
Meanwhile, Prime Minister Shehbaz Sharif has also confirmed that the country has sufficient fuel reserves and Pakistanis don’t need to panic about the situation. Similarly, the Finance Minister Muhammad Aurangzeb also said that there is no shortage of fuel in Pakistan.
At the same time, Prime Minister Shehbaz Sharif approved the proposal for weekly changes in the prices of petroleum products, a private media channel reported on Friday.
In addition, recommendations regarding online and work-from-home have been directed to be presented on Monday.
The Finance Minister, Muhammad Aurangzeb, briefed the PM, Shehbaz, in a meeting on the stock and consumption of petroleum products.
According to sources, after approval from the ECC, the federal cabinet will give final approval to the summary of petroleum products. These measures will enable the effective use of fuel stocks and a demand reduction.
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