• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Time of Pakistan
No Result
View All Result
Home Pakistan National

Ex-Official to Fix Liability for Fuel Crisis

ToP by ToP
January 29, 2015
in National
0
fuel crisis
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

With questions being raised over the quality of the investigation conducted by a two-member inquiry committee formed to fix responsibility for the recent fuel crisis, Prime Minister Nawaz Sharif appointed on Wednesday another one-man inquiry commission to ascertain criminal liability in the matter.

[contentblock id=1 img=adsense.png]

fuel crisis

Sources told Dawn that Tariq Mahmood Khosa, former federal secretary and Punjab chief secretary, had been asked to follow up on the findings of the two-member committee consisting of Zahid Muzaffar and Zafar Masud. Mr Khosa has been asked to interview all officials so far suspended on the orders of the PM, as well as other related to the supply chain or those named in the inquiry committee’s report and the ministries concerned. He will also examine the official record and data to ascertain responsibility of omission or commission and also ascertain criminal liability, if any. The sources said that certain quarters had raised questions over the report presented by the inquiry committee because it did not include responses of the suspended officials, even though they had been questioned and had answered all questions in writing. A fresh angle to this controversy emerged at a meeting of the National Assembly’s Standing Committee on Petroleum and Natural Resources, where most members demanded that a parliamentary commission investigate the entire scam since Oil and Gas Regulatory Authority (Ogra) Chairman Saeed Ahmad Khan had challenged some contentions of the petroleum ministry.

[contentblock id=2 img=gcb.png]

Also, certain members of the ruling PML-N alleged that a conspiracy had been hatched against their party in Punjab and the petroleum ministry should expose the players behind it. For Rana Afzal Ahmad, the very fact that the petrol shortage did not hit the other three provinces was a proof that there had been a conspiracy. The sources said the two-man inquiry committee had done a rush job, targeting certain ‘unwanted officers’. The committee had not taken into account the proceedings of the Economic Coordination Committee (ECC) of the cabinet. They said that after economic indicators, fuel stock position was the permanent agenda item number two for review by the ECC, which could either suggest corrective measures or express satisfaction on behalf of the federal cabinet. A couple of consecutive ECC meetings in December, the sources said, had missed taking up the stock position agenda item due to a paucity of funds. However, the ECC meeting held on Jan 10 discussed the item after a gap of about 3-4 meetings. In the Jan 10 meeting, the ECC was told that petrol stocks were sufficient for only eight days as of Jan 6, against 12 days of stock on the same day last year.

That meant that by the time of the ECC meeting, petrol stocks would have been halved. Diesel stocks were reported to be at 28 days on Jan 6, while furnace oil stocks were sufficient for 12 days. Arshad Mirza, the secretary incharge of the petroleum ministry, said that under different laws, it was Ogra’s responsibility to ensure oil companies had 20 days of compulsory stocks, but even the storage currently stood at 150,000 tons against a requirement of 400,000 tons. At this, the Ogra chairman told the committee that he disagreed with the petroleum ministry’s position. While citing the relevant rules and laws, he said the regulator was required to allow sales of petroleum products by oil companies after verifying storage capacity for 20 days of each company’s projected sales and did not allow even a single company to violate this rule. He said the 13 companies currently operational had 285,000 tons of petrol storage capacity, while construction on another 82,000 tons of storage capacity was currently under way.

[contentblock id=3 img=adsense.png]

The Orga chief said the build-up of product stocks, their import, movement plan, storage filling and marketing were the responsibility of the petroleum ministry. He referred to the product review committee meetings of the oil industry with the petroleum ministry held on Dec 19 and Jan 8 and asked the parliamentary panel to review their minutes. Petroleum Minister Shahid Khaqan Abbasi said he was accepting responsibility for the crisis but it was not possible for any institution to predict a 30 per cent increase in product consumption. He said the prime minister always had the prerogative to remove any member of the cabinet or an officer from his position.

Tags: latest newspakistan newspakistan times
Previous Post

Shahbaz Owns Assets Worth Rs153m in UK, Rs108m in Pakistan

Next Post

Spotify to Replace Sony Streaming Music Service

ToP

ToP

Related Posts

Imran Khan says world should give Taliban 'time'
National

Imran Khan seeks pre-arrest bail in terrorism case

by Jameel Ahmad
August 22, 2022
Imran Khan
National

Supreme Court bars govt from initiating action against Imran Khan

by Shameel Shoaeb
May 26, 2022
FM calls upon OIC states to act as “reliable partners, not an accomplice in aggression”
National

FM calls upon OIC states to act as “reliable partners, not an accomplice in aggression”

by Jameel Ahmad
March 22, 2022
OIC, Islamic Development Bank sign charter of Humanitarian Trust Fund for Afghanistan
National

OIC, Islamic Development Bank sign charter of Humanitarian Trust Fund for Afghanistan

by Jameel Ahmad
March 22, 2022
J10-C Induction: PM says armed Forces Fully Capable to Thwart Aggression
National

J10-C Induction: PM says armed Forces Fully Capable to Thwart Aggression

by Jameel Ahmad
March 14, 2022
Imran Khan
National

Opposition’s Haste for no Trust Move to Save Looted Wealth: PM Imran

by Jameel Ahmad
February 18, 2022
Lynched Sri Lankan national’s wife receives aid from Sialkot business community
National

Lynched Sri Lankan national’s wife receives aid from Sialkot business community

by Jameel Ahmad
January 18, 2022
Next Post
Spotify to replace Sony Music

Spotify to Replace Sony Streaming Music Service

Popular Stories

  • shaza fatima khawaja

    World’s Largest Submarine Cable Arrives in Pakistan: Could This End Internet Woes?

    0 shares
    Share 0 Tweet 0
  • Naat Khawan ‘Farhan Ali Qadri’ Arrested

    0 shares
    Share 0 Tweet 0
Time of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • 11th J.A. Zaman Memorial Open – Powered by Gem Golfers
  • Imran Khan and Bushra Bibi Sentenced to Jail in £190 Million Case
  • World’s Largest Submarine Cable Arrives in Pakistan: Could This End Internet Woes?

Times Of Pakistan © 2024. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In