Amid the ongoing economic crisis, fuel shortage hits the country’s most populous region Punjab as many petrol stations in different areas, especially in the provincial capital Lahore, run dry in wake of 'limited supply'.
Hundreds from different cities complained that no fuel was available in fuel stations while long queues were spotted at petrol pumps which are offering only limited fuel.
The situation remained worst in densely populated cities like Lahore, Gujranwala and Faisalabad where petrol pumps have either no or a limited supply of petrol for a couple of days purportedly due to limited supply from the oil marketing companies.
Around 60-70 per cent of fuel stations in Gujranwala had no petrol, and the masses faced similar difficulties in Okara, Sahiwal and other cities in Punjab.
As people faced difficulty in buying the commodity, several trends appeared on the microblogging platform Twitter, where the usersvented out their anger over the fuel crisis. Some people also pointed out that panic buying was witnessed at some petrol stations.
Here's how people reacted:
This is #Islamic Republic of #Pakistan !The only #Petrol pump where petrol is available. The others have petrol but they are closed as the speculations of increase of prices are coming .They want to earn double profit. Pathetic.— Maryam Mahnoor (@maryammahnoor4) February 7, 2023
Do you really call yourself a Muslim or even human? pic.twitter.com/bm8zk5hdgr
This is main petrol pump of Gujranwala.. pic.twitter.com/wsJBXP64bH— *Ruska🍁* (@RedRedBlueBlack) February 6, 2023
Will anyone out of the legion of non-functional ministers of this deplorable govt bother telling us why petrol/diesel is short in Lahore?— Hammad Azhar (@Hammad_Azhar) February 7, 2023
#BREAKING: Visual from Gujranwala Pakistan, report says most of the petrol stations are running out of gasoline and most of the petrol ⛽ were already closed. pic.twitter.com/bRYPtsyNNV— tag today (@tagtodayO) February 6, 2023
Amid the crisis, Minister of State for Petroleum Musadik Malik rejected rumors of a shortage of fuel, saying stocks are available are sufficient to cover more than 3 weeks.
Earlier, it was reported that the federal government is likely to increase prices of petrol and diesel by Rs30 per litre amid ongoing talks with IMF over a bailout package as the cash-strapped country decided to impose a general sale tax (GST) on petroleum products as an additional measure.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 27, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||345.5||349|
|Hong Kong Dollar||HKD||35.92||36.27|
|New Zealand Dollar||NZD||177.56||179.56|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs175,590.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 204,800||PKR 2,470|
|Karachi||PKR 204,800||PKR 2,470|
|Islamabad||PKR 204,800||PKR 2,470|
|Peshawar||PKR 204,800||PKR 2,470|
|Quetta||PKR 204,800||PKR 2,470|
|Sialkot||PKR 204,800||PKR 2,470|
|Attock||PKR 204,800||PKR 2,470|
|Gujranwala||PKR 204,800||PKR 2,470|
|Jehlum||PKR 204,800||PKR 2,470|
|Multan||PKR 204,800||PKR 2,470|
|Bahawalpur||PKR 204,800||PKR 2,470|
|Gujrat||PKR 204,800||PKR 2,470|
|Nawabshah||PKR 204,800||PKR 2,470|
|Chakwal||PKR 204,800||PKR 2,470|
|Hyderabad||PKR 204,800||PKR 2,470|
|Nowshehra||PKR 204,800||PKR 2,470|
|Sargodha||PKR 204,800||PKR 2,470|
|Faisalabad||PKR 204,800||PKR 2,470|
|Mirpur||PKR 204,800||PKR 2,470|
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