Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

No shortage of POL products: Hammad Azhar

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December 17, 2021 (MLN): Hammad Azhar, Minister for Energy on Friday assured that there is no risk of shortage of Petroleum Oil Lubricants (POL) products in the country.

Rebutting media reports, Minister said on Twitter, “Pakistan has stocks of 27 days for diesel and 28 days for petrol consumption in the country. This is the highest stock level since the last many years.”

Regarding refineries facing the issue of the sale of furnace oil, he clarified, “Furnace oil-based power plants have not run in November or December till now as per merit order. However, they are required to keep stocks of FO for which the power division is coordinating with them.”

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Posted on: 2021-12-17T11:41:55+05:00

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