Yesterday, Karachi experienced severe petrol shortage due to a country-wide strike by Oil Tankers Contractors Association (OTCA) against the imposition of high sales tax on transportation of oil.
The chairman of Petroleum Dealers Association while commenting on the situation said that up to 30% of the petrol stations in the city had become dry. It was also reported that the petrol pumps of Pakistan State Oil (PSO) also experienced brief shortage of petrol.
Panic spread all over the metropolis as people flocked the petrol stations in search of diesel and petrol. The panic was over when the concerned authorities agreed to negotiate the percentage of sales tax on the service.
The chairperson of All Pakistan Oil Tankers Owners Association, Akram Durrani has said that the strike has been called off as the government is reconsidering its decision and working to resolve the issue in Islamabad.
PSO, the largest oil marketing company in Pakistan, issued a statement on the matter and announced that the company is working hard to ensure uninterrupted supply of petroleum products across the country.
“Despite the fact that the strike is not against PSO and the company has no stake in the matter, PSO’s supply chain is highly vigilant of the situation. The company is striving hard to ensure that the supply of petroleum products will continue across the country without any hitches. PSO further reiterated its commitment to maintain an uninterrupted supply of fuel to meet the country’s fuel and energy needs under all circumstances,” PSO explained in the statement.