Fuel crisis: OGRA fines three more oil companies

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Monday imposed hefty fines on three more oil marketing companies (OMCs) for creating artificial fuel shortage in the country, ARY NEWS reported.

The oil and gas regulatory body imposed an overall fine of Rs 50 million on three oil marketing companies for not maintaining the mandatory stocks.

It also issued a show-cause notice to the three companies on the matter and directed them to submit a reply within 24 hours.

Earlier on June 11, Oil and Gas Regulatory Authority (Ogra) said that it had issued show-cause notices to six oil marketing companies (OMCs) and registered cases against two of them over fuel shortage in the country.

These cases have been registered in Karachi, said the Ogra spokesman.

He said that the regulatory body had nothing to do with keeping a check on demand and supply of the petroleum products in the country.

The spokesman said that the Ogra had received complaints of artificial fuel shortage being created in the country against three oil companies. We have proofs of artificial fuel shortage being created by these three companies, he said and assured that action would be taken against them as per law.

He claimed that the oil companies would end the fuel shortage in a while if prices of petroleum products were increased in the country.

The post Fuel crisis: OGRA fines three more oil companies appeared first on ARY NEWS.

Comments

Accountability court hears assets case against Ishaq Dar

ISLAMABAD: An accountability court in Islamabad on Wednesday resumed the hearing of a reference filed against former finance minister Ishaq Dar by the National Accountability Bureau (NAB) for allegedly accumulating assets beyond his known sources of income. Judge Muhammad Bashir is recording the statement of a prosecution witness, Ishtiaq Ahmed. At the previous hearing, the accountability judge had reserved his verdict on an application filed by two co-accused seeking acquittal in the case. Naeem Mehmood and Mansoor Rizvi, who are directors of Dar’s companies, had filed the application requesting the judge to exonerate them from all charges for want of evidence. Qazi Misbah, the counsel for the two co-accused, contended the prosecution has failed to provide compelling evidence to prove the allegations leveled against his clients. The third co-accused President National Bank of Pakistan (NBP), Saeed Ahmed, had already filed an application before the court for his acquittal wh...

Qatar to hike minimum wage ‘by end of year’

DOHA: Qatar could increase the minimum wage for migrant workers by the end of 2018, unions predicted on Monday, as the 2022 World Cup host seeks to push through labour reforms. It would be the first change to the monthly wage since its introduction by the gas-rich Gulf state last November. “By the end of the year we expect a new minimum wage to be set, that’s good news,” said Sharan Burrow, general secretary of the International Trade Union Confederation. Burrow did not name a figure but said the new wage would be calculated by assessing a “basket of goods”. She was speaking after meeting Qatar’s labour minister, Issa al-Jufali al-Nuaimi, and other government officials in Doha over the past two days. The minimum wage was set at 750 riyals a month ($206, 170 euro) on its introduction. In addition to the salary, labourers receive free accommodation, food and healthcare plans, covered by employers. The 750-riyal figure has been criticised as too low. “We believe it is not good e...

10 creepy celebrity wax statues

Waxworks of celebrities, sports persons and politicians such as Tom Cruise, Barack Obama and Christiano Ronaldo are admired by people all over the world. The craft requires taking careful and accurate measurements to create these wax statues, which are then polished and perfected to make for an exact replica. Madame Tussaud’s is one of the most famous museums in the world that displays wax statues, however, not all wax museums in the world craft flawless statues. Compiled from Cosmopolitan India , here is a list of the creepiest celebrity wax statues. Barack Obama PHOTO: COSMOPOLITAN David and Victoria Beckham PHOTO: COSMOPOLITAN Jennifer Aniston PHOTO: COSMOPOLITAN Beyonce’s wax statue sparks outrage Jennifer Lopez PHOTO: COSMOPOLITAN Justin Bieber PHOTO: COSMOPOLITAN Justin Timberlake PHOTO: COSMOPOLITAN Aamir Khan PHOTO: COSMOPOLITAN Katrina Kaif PHOTO: COSMOPOLITAN London’s Tussauds gets to work on Trump wax figure Selena Gomez PHOTO: C...

Siasat Wala Blog

Search This Blog