Tuesday, September 21, 2010, Shawwal 11, 1431 A.H  
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 GEO Business

 Ogra seeks oil companies over petrol shortage

 Updated at: 1033 PST,  Tuesday, September 21, 2010
Ogra seeks oil companies over petrol shortage ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) took notice of unavailability of petrol in the country and issued show cause notices to oil marketing companies in view of troubles faced by citizens, Geo News reported Tuesday.

According the Ogra’s Director Enforcement Shahid Nauman, oil marketing companies have been sought to account for the recent petrol scarcity and in absence of satisfactory response, the licenses of these oil companies may be cancelled.

These show-cause notice have been issued to Pakistan State Oil (PSO), Shell Pakistan Limited, Chevron, Caltex Oil (Pakistan) Limited, Attock Petroleum Limited, Total Parco Pakistan Limited (TPPL), Admore Gas (Pvt) Ltd (AGPL), Oscar Oil Services Limited, Byco Petroleum Pakistan (BPPL), Hascol Petroleum Limited, Bakri Oil Trading Company and Overseas Oil Trading Company Limited.

According to sources, the petrol pumps may be fined up to Rs500,000. Some petrol pumps were fined with Rs1.1 million in past as well.
 
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