No #1

The Financial Daily - - CONTINUATIONS -

Re­spond­ing to the flurry of queries, Fed­eral Min­is­ter ap­prised the au­gust Com­mit­tee that the main con­tribut­ing fac­tors in petrol growth are ex­po­nen­tial in­crease in two wheeler pop­u­la­tion, CNG non-avail­abil­ity and use in gen­er­a­tors due to load-shed­ding.

There was short­age of petrol in most ar­eas of Pun­jab from Jan­uary 15, 2015 to Jan­uary 21, 2015. The rea­sons for dis­rup­tion was the ex­cep­tional level of re­tail sales ex­pe­ri­enced through Jan­uary 01, 2015. The PARCO Re­fin­ery ex­pe­ri­enced the shut down due to trip­ping of 11KV lines in Muzaf­far­garh area.

The Na­tional Re­fin­ery also ex­pe­ri­enced a tech­ni­cal prob­lem and was forced to shut down; and also to PNSC ves­sels car­ry­ing petrol ex­pe­ri­enced un-ex­pected de­lays. The ex­cep­tion­ally high sales cou­pled with de­lays im­ports caused the short­age of petrol in the coun­try.

Min­is­ter fur­ther ap­prised that im­me­di­ate mea­sures were taken and petrol prod­uct was ar­ranged; and now to­tal stocks of petrol in the coun­try are suf­fi­cient for nine days. To an­other query by a Com­mit­tee Mem­ber, he re­sponded that a sin­gle-mem­ber high level in­quiry com­mit­tee has been con­sti­tuted by the Hon. Prime Min­is­ter; and in­ves­ti­ga­tion is un­der­way and fi­nal re­port is still awaited. NNI

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