In 2017, Honda Atlas had filed a complaint with OGRA alleging that the fuel provided by Shell, PSO, and Total was affecting the engines of its vehicles.
The auto manufacturer told OGRA that oil manufacturing companies were adding manganese to increase the Research Octane Number (RON) to meet OGRA’s standards.
The regulatory authority in collaboration with Hydrocarbon Development Institue of Pakistan (HDIP) conducted multiple tests after the application and verified the observation of Honda.
In the report, the content and amount of chemicals has been deemed harmful to vehicles, environment as well as human health.
The reports further state that chemicals were being used by importers and oil companies to increase the RON value at a lower cost.
Not only Honda had moved OGRA, Hascol petroleum also had the same viewpoint over fuel quality. The fuel company told that many refineries were using harmful chemicals.
On the other hand, the companies accused of deceiving consumers, claimed that Hascol was trying to get a competitive advantage out of all this and the company itself used the same methods.
OGRA and HDIP found the following chemicals after conducting tests on petrol samples with RON value of 90 and 92;
· Manganese: 63.31 parts per million (ppm) to 315.5 ppm.
· Iron: 6.2 to 35.1 ppm.
· Manganese in imported petrol: 1.62 ppm.
· Iron in imported petrol: 63.88 ppm.
The report shows that in order to increase RON number, companies were using MMT and Ferrocene.
These chemicals cause the catalytic converter to choke after reacting with it. These metallic particles are also very harmful to the environment and human health.
Previously, the Oil Companies Advisory Council (OCAC) — a body of fuel suppliers in Pakistan — rejecting Honda Pakistan’s allegations asked the company to take back its complaint regarding the sale of low-quality fuel or face legal action.
The complaint was filed by Honda in November, last year, after the company halted the booking of the latest variant of Honda Civic as many users of Honda Civic 1.5 turbo reported that their vehicles produced annoying knocking sound and the overall performance of the engine was decreased as well.
The writer is a member of the staff. He can be accessed on Twitter @iamnozair
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 May 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 307.9 | 311.15 |
Euro | EUR | 330 | 333 |
UK Pound Sterling | GBP | 381 | 384.5 |
U.A.E Dirham | AED | 84.6 | 85.4 |
Saudi Riyal | SAR | 82.6 | 83.4 |
Australian Dollar | AUD | 201 | 203 |
Bahrain Dinar | BHD | 762.21 | 770.21 |
Canadian Dollar | CAD | 225.5 | 227.5 |
China Yuan | CNY | 40.6 | 41 |
Danish Krone | DKK | 41.39 | 41.78 |
Hong Kong Dollar | HKD | 36.6 | 36.95 |
Indian Rupee | INR | 3.47 | 3.58 |
Japanese Yen | JPY | 2.15 | 2.20 |
Kuwaiti Dinar | KWD | 932.2 | 941.2 |
Malaysian Ringgit | MYR | 62.42 | 63.02 |
New Zealand Dollar | NZD | 176.98 | 178.98 |
Norwegians Krone | NOK | 26.14 | 26.44 |
Omani Riyal | OMR | 744.58 | 752.57 |
Qatari Riyal | QAR | 78.73 | 79.43 |
Singapore Dollar | SGD | 215 | 217 |
Swedish Korona | SEK | 26.73 | 27.03 |
Swiss Franc | CHF | 316.34 | 318.84 |
Thai Bhat | THB | 8.28 | 8.43 |
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
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 235,800 | PKR 2,505 |
Karachi | PKR 235,800 | PKR 2,505 |
Islamabad | PKR 235,800 | PKR 2,505 |
Peshawar | PKR 235,800 | PKR 2,505 |
Quetta | PKR 235,800 | PKR 2,505 |
Sialkot | PKR 235,800 | PKR 2,505 |
Attock | PKR 235,800 | PKR 2,505 |
Gujranwala | PKR 235,800 | PKR 2,505 |
Jehlum | PKR 235,800 | PKR 2,505 |
Multan | PKR 235,800 | PKR 2,505 |
Bahawalpur | PKR 235,800 | PKR 2,505 |
Gujrat | PKR 235,800 | PKR 2,505 |
Nawabshah | PKR 235,800 | PKR 2,505 |
Chakwal | PKR 235,800 | PKR 2,505 |
Hyderabad | PKR 235,800 | PKR 2,505 |
Nowshehra | PKR 235,800 | PKR 2,505 |
Sargodha | PKR 235,800 | PKR 2,505 |
Faisalabad | PKR 235,800 | PKR 2,505 |
Mirpur | PKR 235,800 | PKR 2,505 |
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