PM Nawaz cancels Davos trip as criticism grows over petrol crisis

Published January 21, 2015
The premier is keeping himself updated regarding the petrol shortage in Punjab, a spokesman said. AFP/ File
The premier is keeping himself updated regarding the petrol shortage in Punjab, a spokesman said. AFP/ File

ISLAMABAD: As citizens and politicians alike lambasted the government for the prevailing petroleum and energy crisis, Prime Minister Nawaz Sharif decided to cancel his trip to Switzerland, where he was scheduled to attend the World Economic Forum.

"Instead of leaving for Davos, the prime minister has called a meeting tomorrow to review the supply and demand situation of petroleum in the country for the next two months," a spokesman for the PM House said.

The spokesman said the premier is keeping himself updated regarding the petrol shortage in Punjab and has created a special cell in the Ministry of Petroleum for this purpose.

The high-level meeting taking place at the PM House tomorrow will be attended by Ministers for Finance, Petroleum and Water and Power.

The World Economic Forum (WEF) is a Geneva-based non-profit organisation best known for its Annual Meeting in Davos. The WEF this year is scheduled to be held on January 21-24.

Nine days into a debilitating fuel shortage that has immobilised parts of Punjab, the PM returned from Jeddah and ordered an inquiry into the crisis and said that officials responsible will be taken to task.

Frustrated citizens in Lahore, Faisalabad, Islamabad, Sialkot and Multan spent Sunday queuing up at the handful of petrol pumps open in the respective cities, with some saying they had been there overnight without any respite.

At many pumps, tempers spilled over as worn out and angry citizens scuffled with petrol stations owner as their hours long wait saw no relief.

The prime minister chaired a meeting on Tuesday during which he reviewed the petroleum situation in the country, and issued directives for structural changes in order to ensure that the current petroleum crisis situation does not arise again.

The two-member committee tasked to inquire into this matter presented their initial findings to PM Nawaz, informing him that the petrol shortage was a serious failure on the part of the Oil and Gas Regulatory Authority (Ogra) as a regulator.

The meeting endorsed the earlier decision of suspending four senior officials responsible for the crisis and decided that Deputy Managing Director of Pakistan State Oil (PSO) Mr Sohail Butt was also equally responsible and ordered his suspension as well.

Opinion

Wheat import and food security
22 Oct 2021

Wheat import and food security

Wheat is the only commodity which justifies government intervention as the poor strata cannot be left at the mercy of the market
Living with Covid
Updated 22 Oct 2021

Living with Covid

Mental health professionals have been warning that Covid has brought with it a depression crisis.
Cricket aggression
Updated 22 Oct 2021

Cricket aggression

Good thinking, good plans and good execution will create a quality institution that can produce great teams.
Markets and disinformation
Updated 21 Oct 2021

Markets and disinformation

Journalists should be allowed to work freely as Pakistan's weak investor sentiment can't bear burden of an avalanche of fake news.

Editorial

Spate of attacks
Updated 22 Oct 2021

Spate of attacks

Following a near-constant decline since 2016, the year 2021 has witnessed a precipitous rise in violence-related fatalities in KP.
22 Oct 2021

Libel suits

THE outcome of two libel cases recently decided by courts in England should be edifying for the government — if it...
22 Oct 2021

Education losses

A NEW report on the education losses suffered by Pakistani children due to pandemic-induced school closures sheds...
Not just cricket
Updated 21 Oct 2021

Not just cricket

Hype surrounding the match — sold out as soon as tickets sales opened — has overshadowed the other games, as well as other teams.
Local governance
21 Oct 2021

Local governance

The court ruling restoring local institutions in Punjab should go a long way in ensuring the continuation of grassroots democracy.
21 Oct 2021

Breast cancer awareness

LIKE so many other issues relating to women’s health in Pakistan, breast cancer is not a subject of serious...