As per the news item mentioned above, government banned import of petroleum products in the fear of depleting foreign exchange reserves and the ban still continues till IMF aid reaches our account.
However, this report shows that by december petrol stocks may shrink to a critical level, sufficient only for three days. Diesel stocks by this time would have fallen to a level of seven days.
Even if government allows the import, it would take between four and six weeks to reach the shipments to our ports.
“The government needs to allow import in hours, not days or weeks,” an official of an oil marketing company told Dawn.
IS ANOTHER CRISES WAITING TO HIT US.......