I don't think the government can make petroleum products cheaper, Chairman Petroleum Committee

 I don't think the government can make petroleum products cheaper, Chairman Petroleum Committee

 I don't think the government can make petroleum products cheaper, Chairman Petroleum Committee

Islamabad Web Desk

In the meeting of the Senate Standing Committee on Petroleum, Chairman Senator Abdul Qadir said that it does not seem that the government will be able to make petroleum products cheaper, now the government has to go ahead and impose GST on petroleum products. has been told.

A meeting of the Senate Standing Committee on Petroleum was held under the chairmanship of Chairman Senator Abdul Qadir, in which the Minister of Petroleum and the Secretary were not present.

The chairman committee asked why the petroleum minister and the secretary did not come, earlier we had postponed the meeting for the same reason, even today both the minister and the secretary are not there.

Officials of the Petroleum Division said that the Minister of State for Petroleum Mossadegh is in Qatar, the Secretary of Petroleum has fever and symptoms of Corona, Fida Muhammad said that these are all excuses for fever until the concerned Minister and Secretary come, the meeting will not be held. Go ahead, Aun Abbas said that this is all a joke.

Chairman committee said that we should listen to petroleum division and related officers, Aun Abbas said what difference will it make, in reply chairman committee said that meeting is held, and members should record their protests.

Saifullah Abaru said that Secretary Petroleum should be summoned, Aun Abbas said on this occasion that I will not attend, we are not coming here for TADA, after which he left the meeting, however the committee members Aun Abbas Bring back to celebrate.

In the meeting, committee member Fida Muhammad said that petroleum products are becoming cheap in the world and expensive in Pakistan, what is the reason for this?

Chairman OGRA Masroor Khan replied that OGRA works on prices based on the import price of petroleum products from PSO. Protects.

Masroor Khan said that OGRA cannot raise or lower the price of petroleum products on its own. Pakistan imports 70% of petrol, 30% of petrol is produced by local refineries, while Pakistan imports 50% of diesel and 50% of domestic production. Build refineries.

Committee member Fida Muhammad asked why the prices of petroleum products increased. PSO did not have the old expensive stock, it does not seem that the government will be able to make petroleum products cheaper.

The chairman committee said that 750 billion rupees have been allocated to IMF in the budget from petroleum, now the government has to go ahead and impose GST on petroleum products.

CFO Sui Southern said that K Electric has to pay 125 billion rupees to Sui Southern, Saifullah Abru said that steps should be taken to reduce the premium on petroleum products.

In a briefing to the committee, PSO officials said that we had asked for 100 billion from the government, and we have received a total of 52 billion rupees.

Saifullah Abro questioned why K Electric does not pay government institutions, K Electric is increasing the revolving debt of the power sector, K Electric also has to pay 300 billion rupees to the federal government, K Electric is a mafia.