Shortage of Fuel: Pakistan CAA asks Foreign Airlines to bring additional fuel supplies

Shortage of Fuel: Pakistan CAA asks Foreign Airlines to bring additional fuel supplies

*KARACHI: Amid disruption in supply of fuel from oil refineries to nation-wide airports, the foreign airlines have been directed to bring additional fuel supplies while coming to Pakistan. *

According to sources privy to the development, on the directives of Pakistan State Oil (PSO), the oil agencies and contractors have conveyed it to the foreign airlines.

The message said that the supply chain of jet fuel remains affected owing to disruption in supply of crude oil. “The oil refineries are taking measures to address the issue,” it read.

It is pertinent to mention here that newly appointed Federal Minister for Finance and Revenue Miftah Ismail presided over a meeting of the Economic Coordination Committee (ECC) of the cabinet on Tuesday.

During the meeting, the petroleum division submitted a summary link for reimbursement of price differential claims (PDCs) of oil marketing companies (OMCs) and refineries.

The price differential is to be paid to the oil marketing companies and refineries by the government as a subsidy in the wake of the government’s decision to keep the petroleum products’ prices stable.