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Commission Inquiry Report blames hoarding for June 2020 petrol crisis


Commission Inquiry Report blames hoarding for June 2020 petrol crisis
  Published On
Commission Inquiry Report blames hoarding for June 2020 petrol crisis
ISLAMABAD (Dunya News) - The Commission for Inquiry into Petrol Crisis of June 2020, in its report, has termed it a result of hoarding and held the Petroleum Division and Oil Marketing Companies responsible for the shortage.
According to details, the report of the Inquiry Commission on petrol crisis in June 2020 said that Oil and Gas Regulatory Authority (OGRA) had neglected its basic responsibilities, allowing an artificial petrol crisis to be created.
The commission blamed OGRA, the petroleum division and oil marketing companies for the petrol crisis, saying that hoarding had created a petrol crisis in the country and turned an opportunity amid reduced global prices into a crisis. ....

Petroleum Division , Commission For Inquiry , Inquiry Commission , Dg Oil , Gas Regulatory Authority , Oil Marketing Companies , Dunya News , Petrol Crisis , Secretary Petroleum Division , Imran Abro , பெட்ரோலியம் பிரிவு , தரகு க்கு விசாரணை , விசாரணை தரகு , டக் எண்ணெய் , வாயு ஒழுங்குமுறை அதிகாரம் , எண்ணெய் சந்தைப்படுத்தல் நிறுவனங்கள் , துணிய செய்தி , பெட்ரோல் நெருக்கடி , செயலாளர் பெட்ரோலியம் பிரிவு ,

Allocation of existing pipeline capacity: Move to create monopoly of two private LNG terminals gets scuttled


National
February 4, 2021
ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry.
“The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee on Energy (CCoE). The sub-commit ....

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