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Oil tanker association's strike enters second day

09:03 AM | 25 Jul, 2017
Oil tanker association's strike enters second day
KARACHI – A countrywide strike by All Pakistan Oil Tankers Owners Association entered its second day on Tuesday halting the supply of oil to stations.

Shams Shahwani, Chairman All Pakistan Oil Tankers Owner Association, announcing countrywide strike on Sunday claimed that Motorway Police and traffic police officials have impeded the distribution process in the guise of implementing the Oil and Gas Regulatory Authority (OGRA) safety regulations.

On the other hand, the negotiations to settle the dust would be held at Ministry of Petroleum today.

He said that owners were being forced to spend Rs1 million on every tanker in the light the new OGRA safety regulations. “Strike will go for an indefinite period until the strict policies of the government are not reviewed,” Shahwani maintained.

He said that around 85,000 tankers are used to supply oil throughout the country. The members of the tanker union asked the government to solve their demands immediately.

At least 12 oil tanker accidents occurred in the last two month. The Ahmedpur East oil tanker inferno took lives of over 200 people. Many of the injured are still under treatment in different hospitals.

The motorway police had decided to implement OGRA safety rules after the incident. Their strict screening has caused worries for the oil tanker owners.

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 21 Feb 2024

Pakistani currency remains stable against US dollar and other currencies in the open market on February 21, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300 for buying and 303 for selling while British Pound rate stands at 350.5 for buying, and 354 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 21 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300 303
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 76.15 76.9
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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