{"id":67020,"date":"2020-06-23T16:25:19","date_gmt":"2020-06-23T11:25:19","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67020"},"modified":"2020-06-23T16:25:20","modified_gmt":"2020-06-23T11:25:20","slug":"pm-directs-revoke-omcs-licences-fuel-hoarding","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-directs-revoke-omcs-licences-fuel-hoarding.html","title":{"rendered":"PM directs to revoke OMCs\u2019 licences over fuel hoarding"},"content":{"rendered":"\n<p>Islamabad: Prime Minister (PM) Imran Khan has issued orders to revoke the licenses of nine oil marketing companies (OMCs) found involved in causing an artificial shortage of oil by hoarding and black marketing, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/artificial-oil-shortage-ogra-fines-6-companies-over-hoarding.html\" target=\"_blank\" rel=\"noreferrer noopener\">Artificial Oil Shortage: OGRA fines 6 companies over hoarding<\/a><\/p>\n\n\n\n<p>The said decision is based on the initial inquiry report on petrol crises in Pakistan \u2013 prepared by the Oil and Gas Regulatory Authority (OGRA). The authority identified nine OMCs involved in fuel hoarding, black marketing and purposefully dropping sales. These firms include: TOTAL PARCO Pakistan Limited, Shell Pakistan Limited, Attock Petroleum Limited (APL), Attock (Attock Oil Pakistan Limited), Byco, Go, Hascol, Puma, and BE (Bakri Energy).<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cabinet-approves-furnace-oil-import-supplement-ke-supply.html\" target=\"_blank\" rel=\"noreferrer noopener\">Cabinet committee approves furnace oil import to supplement KE supply<\/a><\/p>\n\n\n\n<p>The report claims that the Petroleum Divison failed to take actions during the time these OMCs were creating an artificial petrol shortage. In response to which, <a href=\"https:\/\/www.zameen.com\/news\/pm-directs-for-ensuring-oil-price-reductions-serve-to-benefit-common-citizens.html\" target=\"_blank\" rel=\"noreferrer noopener\">Khan<\/a> has ordered strict action against officials involved in neglecting their duties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has issued orders to revoke the licenses of nine oil marketing companies (OMCs) found involved in causing an artificial shortage of oil by hoarding and black marketing, according to news sources. Read: Artificial Oil Shortage: OGRA fines 6 companies over hoarding The said decision is based on the initial inquiry report on petrol crises in Pakistan \u2013 prepared by the Oil and Gas Regulatory Authority (OGRA). The authority identified nine OMCs involved in fuel hoarding, black marketing and purposefully dropping sales. These firms include: TOTAL PARCO Pakistan Limited, Shell Pakistan Limited, Attock Petroleum Limited (APL), Attock (Attock Oil Pakistan Limited), Byco, Go, Hascol, Puma, and BE (Bakri Energy). Read: Cabinet committee approves furnace oil import to supplement KE supply The report claims that the Petroleum Divison failed to take actions during the time these OMCs were creating an artificial petrol shortage. In response to which, Khan has ordered strict action against officials involved in neglecting their duties.<\/p>\n","protected":false},"author":75,"featured_media":66037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15017],"tags":[32371,22165,32372,32602],"persona":[],"class_list":{"0":"post-67020","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-notices-announcements","9":"tag-artificial-oil-shortage-ogra-fines-6-companies-over-hoarding","10":"tag-oil-and-gas-regulatory-authority-ogra","11":"tag-oil-marketing-companies","12":"tag-pm-directs-to-revoke-omcs-licences-over-fuel-hoarding","13":"cat-15012-id","14":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM directs to revoke OMCs\u2019 licences over fuel hoarding - Zameen News<\/title>\n<meta name=\"description\" content=\"PM Imran Khan has issued orders to revoke the licenses of nine oil marketing companies (OMCs) found involved in causing an artificial shortage of oil\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-directs-revoke-omcs-licences-fuel-hoarding.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM directs to revoke OMCs\u2019 licences over fuel hoarding - Zameen News\" \/>\n<meta property=\"og:description\" content=\"PM Imran Khan has issued orders to revoke the licenses of nine oil marketing companies (OMCs) found involved in causing an artificial shortage of oil\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-directs-revoke-omcs-licences-fuel-hoarding.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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