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Tuesday, July 23, 2024

Selling of smuggled Iranian petrol is now legal in Balochistan

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Balochistan Chief Minister Mir Abdul Qudous Bizenjo has reportedly legalized the sale of Iranian petrol in Quetta and its surroundings.

A media report said that after learning about the ban, the Chief Minister ordered the Inspector General of Police to seize the crackdown operation.

The chief minister further said that the sale of Iranian petrol supports countless families. It is worth mentioning here that Iranian petrol is smuggled into Pakistan, making it illegal.

The Oil and Gas Regulatory Authority (OGRA) controls the prices of Pakistani oil and gas in Pakistan. Bizenjo noted that banning Iranian sales would deprive many households of income.

However, he ordered that petrol be sold in open spaces and away from residential areas. In densely populated residential areas, sales are prohibited.

The political and social circles of the province appreciated the decision of the Chief Minister, which saved the livelihood of many people.

Balochistan Interior and Tribal Affairs Minister Mir Ziaullah Longo said that the Chief Minister’s orders are best for the local population.

Pakistani traders reported an increase in Iranian fuel smuggling last month.

Dealers say 35 percent of the country’s fuel comes illegally from Iran. The Pakistan Petroleum Dealers Association (PPDA) says smuggling has spread across the country and Balochistan is used as a gateway.

In April, the government ordered officials to stop Iranian smuggling. According to a government letter, illegal products have reduced fuel sales by 40 percent.

S&P Global Commodity Insights estimates that the price of Iranian petrol will be Rs. 53/litre less than Pakistani retail, which is the main reason for its high demand.

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