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Minister of State for Petroleum warns of strict action against hoarders -HP NEWS


I tell hoarders to stop today, the state will take steps then you will be sitting and holding press conferences: Mossadegh Malik. Photo screen grab

Minister of State for Petroleum Mossadegh Malik has warned of severe consequences for those creating an artificial crisis by stockpiling petroleum products.

While giving a press conference in Islamabad, Mossadegh Malik said that there is no shortage of petroleum products in the country, we have a stock of 20 days of petrol and 29 days of diesel.

Mossadegh Malik said that the shortage of petroleum products in the country is due to hoarding.

He said, “I ask those who are hoarding petroleum products to stop today, otherwise they will face severe consequences. Whoever is involved in hoarding will have his license revoked. The state will take steps, then you people.” They will be sitting and holding press conferences.

Regarding the electricity breakdown that occurred in the country a few days ago, the Minister of State for Petroleum said that the work on the causes of the electricity breakdown has been completed, and I will submit the report to the Prime Minister in two days.

Mossadeq Malik said that the matter of oil purchase from Russia will be settled by the end of March and it is hoped that oil will start coming to the country from Russia from April.

It should be remembered that the news of shortage of petroleum products in various cities of Punjab has been circulating for a few days and the supply of petroleum products at pumps has been limited in various cities including Lahore.

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