OGRA warns Oil hoarders of strict action

News Image

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

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 174,453.94
378.71M
-2.87%
-5149.79
ALLSHR 104,971.25
768.15M
-2.82%
-3049.94
KSE30 53,198.53
164.55M
-2.97%
-1629.79
KMI30 246,378.79
122.98M
-2.77%
-7017.29
KMIALLSHR 67,606.67
353.71M
-2.49%
-1723.51
BKTi 49,956.50
81.12M
-3.77%
-1956.89
OGTi 34,148.45
27.47M
-2.58%
-904.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 68,545.00 70,170.00
67,325.00
-290.00
-0.42%
BRENT CRUDE 68.45 68.62
68.38
-0.20
-0.29%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-2.25
-2.29%
ROTTERDAM COAL MONTHLY 105.05 105.05
105.05
0.20
0.19%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.62 63.87
62.49
0.73
1.16%
SUGAR #11 WORLD 13.55 13.57
13.42
0.07
0.52%

Chart of the Day


Latest News
February 16, 2026 at 05:29 PM GMT+05:00

NHA remains cash positive with around Rs44bn operating income


February 16, 2026 at 05:14 PM GMT+05:00

TSBL opens 150% rights issue at Rs1 per share


February 16, 2026 at 05:05 PM GMT+05:00

Pakistan, UAE strengthen strategic and economic ties


February 16, 2026 at 05:01 PM GMT+05:00

Loads Limited rights offer hits 47.76% at Rs12.5



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg