Who is responsible for the petrol crisis?

 

The commission set up to investigate the June 2020 petrol crisis, in its report, has blamed the Petroleum Division and oil marketing companies for the hoarding.

The Commission of Inquiry has blamed OGRA, Petrol Division, Oil Marketing Companies for the petrol crisis. The report said that hoarding has created petrol crisis in the country.

According to the report, the opportunity to reduce global prices was turned into a crisis, imports were banned due to falling global prices and OGRA neglected its basic responsibilities.

According to the report of the Commission of Inquiry, the companies stockpiled or reduced the supply till the rise in petrol prices. DG Oil was deployed in the Petroleum Division illegally.

The commission also raised questions on the appointment of chairperson and members in OGRA in the report, which recommended dissolving OGRA through an Act of Parliament.

The Commission of Inquiry recommended action against Secretary Petroleum Division, DG Oil, Imran Abro and fixed the prices of petroleum products on monthly basis instead of 15 per cent.

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