ISLAMABAD - The public sector marketing company Pakistan State Oil (PSO) has dispelled impression about fuel shortage in the country, saying it has sufficient stocks of petrol and diesel to cater to masses’ requirements.

The spokesperson told APP Tuesday that the company had decided to operate its depots and installations overnight as well to efficiently meet growing demand of petrol by providing uninterrupted fuel supply to its dealers in wake of CNG crisis.
Keeping in view of closure of filling stations of other companies, the official added the company’s sale officers were making hectic efforts in collaboration with dealers to meet extra demand in certain areas including the federal capital and Rawalpindi.
Replying to a question, the spokesperson rejected the impression that certain PSO stations in the federal capital were kept closed due to shortage of fuel, saying “we have no such reports and all filling stations are operating and refueling routinely.”
However, the spokesperson added, any blockage or closure could be part of security measures by local authorities in view of efforts to prevent untoward incidents on the occasion of new year’s celebrations.
The official also said a plan was being pursued to eliminate middle-men and cost rationalization at PSO as part of the efforts to make the national energy giant an integrated energy company by incorporating all aspects of the product supply chain including exploration, refining, distribution and shipping.
As a result, the spokesperson said the company would minimize dependence on foreign supply chains and follow the model of successful companies which have integrated multiple supply chain aspects within themselves.