Today I came across a video which is making quite a buzz out there. It is story of lawyer who used to travel in his private car earlier. But not few months ago when CNG (Compress Natural Gas) was closed down, according to him he ditched his car and Purchased a motor bike to save the traveling expenses.
Now as the petrol shortage prevailed in all cities of Punjab and overall in Pakistan, he was not able to get petrol for his motor bike. He downgraded to a bicycle, to save himself the headache of going after the petrol. He also advised other to take this step, which according to him is a healthy step and will save people the headache of short petrol.
Its now days after petrol shortage started, the queues of People waiting for the fuel are getting longer and longer but more than half of petrol pumps are now closed. Other ones are only providing the petrol worth of just 500 to 250 Rupees per vehicle. Shortage started when PSO was denied by suppliers because it did not had payed for the petrol it had got earlier on credit as PSO (Pakistan State Oil) had exhausted its all credit lines due to non payment. Non payment due to circular debt 200 billion rupees. Much of that was created due to non payment of govt departments to PSO for the petrol they had acquired.
Most notable non payment of this kind is attributed to power sector of Pakistan which had to pay over 70 billion to PSO but held the payment.
Now here we are, the whole nation caught in shortage of petrol only because govt organizations didn’t done job. The very job which is reason for their existence. It is not just few cities of Pakistan, the most areas of most hit province Punjab face same situation.
This following Samma TV DailyMotion video shows the situation of one of affected cities.
Government which had promised people to keep supplying the natural gas in the winter of 2014 – 2015 and ahead with the import of Liquid Natural Gas, has failed to do so as well. Natual Gas is also used in vehicles in Pakistan as CNG (Compressed Natural Gas). CNG is also closed in the country now only due to mismanagement of government of Pakistan which had resulted in shortage of Natural Gas. Now all that load as well is also on the petrol supply, here again the concerned departments does not have anticipated the increase in usage of petrol due to CNG closure, ahead of time. Its now again normal people who have to suffer only just becuase the party in power did not done their job well. If you are still confused, I am talking PML-N here.
All over the country there are long queues of vehicles waiting to be refilled. Petrol is available but it is in low quantities. Way lower than the demand, all the petrol stations are being provided with much lower than routine quantity of petrol.
The reason for petrol shortage is, PSO’s circular debt have increased to 200 billion Rupees and they does not have enough funds to buy petrol from refineries. Government also have done less in helping PSO (Pakistan State Oil) decreasing its circular debt.
Punjab being most densely populated province of country is hit worse by the fuel shortage. Very long queues are seen on fuel-less fuel stations, as of today, the most fuel stations are no more able to provide fuel and remained close. Petrol shortage is affecting people in worst way and specially in big cities it have disturbed the mobility in a very bad way.
PSO have asked government to release about 72 Billion Rupees to ease the debt and make the PSO able to purchase fuel. PSO is government owned distributor and retailor of petroleum products in Pakistan, however, government of Pakistan itself have huge outstanding dues, which are not payed.
The power sector also owes money to PSO, so PSO for now have stopped the fuel supply to power sector as for now. This have resulted in load shedding of over 14 hours per day in all major cities of Pakistan.
Hope the PML-N (Pakistan Muslim League – Nawaz) led government controls the situation soon enough. The current PML-N led government claims that they have put Pakistan on way of economic progress but in reality they have not been able solve the very basic problems of Pakistan. Few of them are Shortage of Power, Gas and now Petroleum products.
Hope situation gets better soon, do share your opinion in comments section below. Do Like us on Facebook and follow on twitter, all from right side of this page, to stay updated with the latest from Pakistan.