Non-maintenance of petrol stock: Ogra issues show-cause notices to seven OMCs

Posted on June 16, 2011. Filed under: Energy crisis |

JUNE 16, 2011

ABDUL RASHEED AZAD

The Oil and Gas Regularity Authority (Ogra) has issued show cause notices to seven Oil Marketing Companies (OMCs) for not maintaining requisite stocks as advised by DG Oil.

According to documents made available to Business Recorder, the authority had advised all OMCs to ensure implementation of the petroleum ministry’s directives for maintaining 20-day petrol stock to avoid strict action against any violation.

The authority directed six OMCs to suspend operation in AJK for non-availability of stock.

The authority has taken notice of acute shortage of petrol at the retail outlets throughout the country, especially in Punjab. Although stocks maintenance does not come under the purview of Ogra, however following steps were taken to minimise any untoward situation in the country:

Ogra advised PRL, NRL and Parco to release all their petrol stocks available/pumpable immediately to OMCs;

The authority had asked M/s Attock Refinery to explain reason for production of only naphtha instead of petrol;

An officer of Ogra along with the petroleum ministry and OMCs representatives visited the outlets, from Rawalpindi to Lahore on GT Road, to assess the availability of petrol for reporting to the secretary, ministry of petroleum;

A team of Ogra officers visited M/s Attock Refinery to ascertain gravity of technical problem in its Plate-former Unit and to advise them to gear up activities to repair it as early as possible;

Public notices were issued in leading newspapers for registering complaints of petrol shortages;

Called reason from M/s Attock Refinery for not informing GoP Regulator and other stakeholders ie OMCs when they were confronted with the inevitability of shutdown of Plate-former Unit enabling the GoP to gear up the remedial/pre-emptive arrangements.

Copyright Business Recorder, 2011

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