Oil Companies Advisory Council
Coverage of Oil Companies Advisory Council in the Nexus archive.
- Govt, oil tanker association agree to form committee to address issues within two weeks
The federal government and the Oil Tankers Contractors Association (OTCA) agreed to form a committee to resolve issues facing the oil tanker industry within two weeks. The committee, led by the special secretary for petroleum, includes representatives from regulatory bodies and industry stakeholders, and will address demands such as quota reductions and contract transparency.
- Oil industry prompts government to discourage hoarding as petrol stocks decline to 14-day cover
Pakistan's petrol stocks have declined to a 14-day cover, prompting the government to address procedural issues and enforce anti-hoarding measures. The National Coordination and Management Council (NCMC) convened a session with oil industry stakeholders to review supply challenges amid rising fuel prices and regional tensions.