ISLAMABAD: The federal government has made public the inquiry commission’s report on the petrol crisis-2020.
According to the details, the inquiry commission held oil marketing companies, Petroleum Division and Oil and Gas Regulatory Authority (OGRA) responsible for the acute fuel crisis in the country last year.
When the oil prices had been falling in the international market, the authorities concerned imposed a ban on the import of fuel, read the report. However, the inquiry report termed the recent fuel crisis in the country artificial.
The oil marketing companies deliberately stopped supplying petroleum products to petrol pumps despite having considerable stocks at their disposal to make more money.
Describing the reasons behind the fuel crisis, the report said that DG oil had been appointed illegally in the Petroleum Division. The report also raised questions over the appointments of OGRA chairperson and its members.
The report recommends the dissolution of OGRA via the Act of Parliament. It also suggests action against Petroleum Division secretary, DG oil and others. Prices of petroleum products should be fixed on a monthly basis, suggests the report.