Search

Long queues at fuel stations as petrol shortage hits Lahore, other Punjab cities

Web Desk 10:42 AM | 8 Feb, 2023
Long queues at fuel stations as petrol shortage hits Lahore, other Punjab cities
Source: Screengrab

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:

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.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

Advertisement

Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 27, 2023

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)

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 304 307
UK Pound Sterling GBP 345.5 349
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 751.6 759.6
Canadian Dollar CAD 205 207.2
China Yuan CNY 41.44 41.84
Danish Krone DKK 41.31 41.71
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 923.62 932.61
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 177.56 179.56
Norwegians Krone NOK 26.33 23.64
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 308.97 311.47
Thai Bhat THB 8.3 8.45

Today's gold rates in Pakistan – 27 March 2023

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.

City Gold Silver
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

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter