ISLAMABAD - Prime Minister Nawaz Sharif on Thursday thoroughly reviewed situation of petroleum supply and demand for next two months, directing the departments concerned to ensure proper supply to consumers.

The prime minister, in order to review petroleum shortage issue, cancelled his visit of Davos and held meeting of all the ministries concerned at the PM House. Ministers for finance and water and power, Ishaq Dar and Khawaja Muhammad Asif, secretaries for the two ministries and other senior officers attended the meeting.

Nawaz Sharif said all the ministries concerned should ensure seamless coordination to ensure steady supply of petrol in all parts of the country. He directed the departments concerned to ensure that the general public was informed of the supply situation through the media to dispel any impression of shortage. Strict action would be taken against all those responsible for creating this hardship for the people, said the PM.

He also asked the ministries concerned to prepare record of supply and demand regarding the petroleum situation. He said all parts of the countries should equally be treated for supply of petroleum products.

Meanwhile, the government has directed Pakistan State Oil (PSO) to increase its supply of petrol daily from 7,000 tons to 8,500 tons.

As per details about fuel supply in the country by PSO, two tankers of the state run oil marketing company (PSO) will arrive on January 26 and 29, respectively, carrying 100,000 tons of petrol. Another tanker of HPL will report on January 26 with 32,000 tons of petrol.

Accordingly, SPL’s tanker will report on January 29, carrying 29,000 tons. With the arrival of these tankers, the overall stock position will become satisfactory. All the OMCs were advised to ensure equitable supply of petrol to their retail outlets. All the OMCs were further advised to ensure 10%+ option in their upcoming cargoes arriving in February 2015, helping in smooth supply of fuel.

Presently, the government has succeeded in mitigating the fuel crisis in the country and the long queues in front of petrol pumps have vanished. With more decrease in petrol price, demand for the product will further increase, especially in Sindh and KP where CNG is still available, but commuters will not be interested in using CNG in case the cost difference between petrol and CNG is further minimised.

The government claims that it has started taking necessary measures to maintain uninterrupted fuel supply in the country.

PM directive for protocol at airports

Prime Minister Nawaz Sharif has directed the relevant authorities not to accord protocol to unofficial visitors at the airports. According to sources, letters have been sent to the Airport Security Force (ASF) and the Civil Aviation Authority (CAA), asking them to ensure compliance.