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News India Live, Digital Desk: The troubles of Pakistan, which is facing economic crisis, are not showing any sign of decreasing. Now another big crisis has arisen before the country. Fuel Crisis. According to latest reports, Pakistan has LNG (Liquefied Natural Gas) And the stock of petrol and diesel is left only till 14th April. After this, there is a serious danger of stoppage of fuel supply in the entire country.
Why are oil reserves becoming empty?
The condition of Pakistan’s foreign exchange reserves is very poor, due to which it seems unable to buy oil and gas from the international market.
Payment Crisis: There is a severe shortage of dollars to pay foreign suppliers.
Shipment Delay: Many oil companies have warned of stopping their shipments due to lack of guarantee of payment.
New record of inflation: If the crisis is not averted, the prices of petrol and diesel in Pakistan will rise. ₹300 to ₹350 per liter Can go beyond.
There will be a negative impact on the general public and industries.
As the deadline of April 14 approaches, there is an atmosphere of fear among the industry and common citizens of Pakistan.
Power crisis: A large part of Pakistan’s electricity generation depends on gas. Running out of gas means- long blackout.
Transport halted: Due to shortage of petrol and diesel, freight transportation and public transport can be completely affected.
Shortage of food and drink: The fuel crisis will directly send food prices skyrocketing.
What option does the government have?
The Prime Minister’s Office and the Finance Ministry are continuously requesting help from the International Monetary Fund (IMF) and friendly countries (China, Saudi Arabia). However, it does not seem easy to get relief due to stringent conditions and old debt burden. Experts say that if big funds are not received in the next two weeks, Pakistan may move towards a ‘Sri Lanka like situation’.
North India Statesman