Business

Govt warns of action against profiteers over artificial fuel shortage

Govt warns of action against profiteers

Govt warns of action against profiteers over artificial fuel shortage in the country.

Federal Minister for Petroleum, Omar Ayub Khan said this in a tweet.

Govt warns of action against profiteers

He said the government has decided to take stern action against such oil marketing companies and dealers.

The minister was referring to the companies involved in profiteering through artificial shortage of petrol and diesel.

Omar Ayub said that the government decided to take action against such elements in collaboration with the relevant institutions.

Moreover, the Centre will do it with the cooperation of provincial governments.

Meanwhile, the minister also spoke of preparing list of hoarders and profiteers and make the list public.

He said the govt would also expose therm, while cancelling their licenses.

Omar Ayub advised the public not to indulge in panic buying.

He assured them of no shortage of petroleum products in the country.

GTV

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