OGRA warns Oil hoarders of strict action

MG News | April 26, 2022 at 10:33 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Apr 26, 2022: The Oil and Gas Regulatory Authority (OGRA) on Tuesday took cognizance of the reports of non-availability of diesel and moved its enforcement teams along law enforcement agencies and district management in different regions to inspect and unearth illegal oil storages.

Anyone found in hoarding or stocking oil illegally would be dealt with under the law of the land, OGRA warned in a statement.

The Authority said chief secretaries had already been informed to advise deputy commissioners for increasing vigilance on any such illegal activities and take immediate punitive actions.

"Moreover, DCs have also been informed to mobilize teams to inspect petrol pumps in their respective regions and anyone found in hoarding or short supply may strongly be dealt according to law and report should be sent to OGRA," it added.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,873.88 195.45M	0.28% 500.11
ALLSHR	106,712.07 1,040.19M	0.56% 589.19
KSE30	51,887.21 103.81M	0.29% 152.18
KMI30	255,042.46 89.67M	0.46% 1169.47
KMIALLSHR	69,162.85 342.71M	0.85% 584.42
BKTi	48,733.27 19.48M	-0.22% -108.13
OGTi	36,043.06 20.06M	2.70% 947.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,255.00	68,420.00 66,500.00	-1660.00 -2.41%
BRENT CRUDE	96.29	97.13 95.06	0.47 0.49%
RICHARDS BAY COAL MONTHLY	127.15	0.00 0.00	-1.45 -1.13%
ROTTERDAM COAL MONTHLY	138.00	138.00 137.90	0.60 0.44%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	88.92	89.64 87.80	0.18 0.20%
SUGAR #11 WORLD	18.40	18.54 18.16	0.18 0.99%