Oil companies urged to set up new fuel stations in every district

News Image

MG News | September 16, 2024 at 10:19 AM GMT+05:00

September 16, 2024 (MLN): Each oil company should have at least two to three fuel stations in each district of the province to boost business activities and create employment opportunities, Federal Minister for Commerce Jam Kamal Khan urged during a meeting with the Oil Marketing Association of Pakistan.

Such initiatives would support Balochistan's economic growth, he added. Jam Kamal Khan contacted Chief Minister of Balochistan, Sarfraz Ahmed Bugti, during the meeting to seek his support.

According to a press statement, the Oil Marketing Association of Pakistan, led by its Senior Vice Chairman Tariq Mehmood, met with Jam Kamal Khan to explore the expansion and development of the fuel oil industry in Balochistan.

The discussions focused on increasing the presence of licensed fuel stations across the province, aiming to provide quality products and better services for the local population.

During the meeting, Tariq Mehmood emphasized the need for a gradual rollout of licensed fuel stations in Balochistan, stating that this would ensure high-quality fuel products for the region and improve overall consumer experience.

He called for increased facilitation to the people through these regulated stations.

The Chief Minister appreciated the idea and assured full backing from the provincial government. Jam Kamal Khan also reaffirmed the federal government’s full support for the Oil Marketing Association's plans.

Jam highlighted that the shift toward licensed fuel stations would benefit both consumers and sellers by ensuring quality control and fostering a competitive business environment.

"We should gradually move towards a framework of licensed fuel stations, which would create a win-win situation for all involved, ensuring consumers receive high-quality products while boosting business opportunities for station owners," the minister remarked.

In closing, the Federal Minister assured his availability and support for any initiatives aimed at increasing business volume and contributing to the country’s economic development.

Jam Kamal expressed optimism about the future of the fuel oil industry in Balochistan and its potential to drive regional growth.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,621.07
244.74M
-1.92%
-3341.75
ALLSHR 102,681.95
562.87M
-1.44%
-1496.66
KSE30 50,973.25
99.57M
-2.29%
-1193.08
KMI30 243,889.15
105.40M
-2.64%
-6607.33
KMIALLSHR 66,595.24
318.33M
-1.84%
-1248.83
BKTi 46,753.72
28.91M
-1.43%
-676.39
OGTi 35,429.60
8.95M
-2.63%
-957.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 72,825.00 74,385.00
72,730.00
-890.00
-1.21%
BRENT CRUDE 93.93 94.65
92.20
2.81
3.08%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
0.25
0.21%
ROTTERDAM COAL MONTHLY 138.00 138.00
136.25
7.75
5.95%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.53 91.26
88.45
3.17
3.63%
SUGAR #11 WORLD 14.40 14.43
14.14
0.34
2.42%

Chart of the Day


Latest News
June 01, 2026 at 04:37 PM GMT+05:00

Idrees Textile shifts to value-added products


June 01, 2026 at 04:06 PM GMT+05:00

PSX Closing Bell: Bears Have the Final Say


June 01, 2026 at 03:40 PM GMT+05:00

PSX's May Magic


June 01, 2026 at 03:34 PM GMT+05:00

Dadex Eternit to sell Karachi property to AKD for Rs800m


June 01, 2026 at 03:00 PM GMT+05:00

Gold price in Pakistan falls Rs4,400 per tola



Top 5 things to watch in this week

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