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ISLAMABAD:The oil crisis in June 2020 exposed the sector rsquo s vulnerability and necessitated the need for keeping strategic petroleum reserves in the country.Almost all neighbouring countries like India, Bangladesh and
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airforce lt strategic reserves to ensure energy security. However, Pakistan has no such policy in place.The recent oil price crash in the international market in the wake of Covid-19 pandemic provided an opportunity to oil consumers to reap benefi
air jordan4 ts of sharply lower rates. Consequently, different countries ramped up oil imports to increase their strategic reserves but Pakistan imposed a ban on imports because of a lack of storages.Petroleum, oil and lubricants (POL) reserves form an essential part of the country rsquo s defence line. The Ministry of Energy (Petroleum Division) is responsible for ensuring the availability of strategic fuel reserves for meeting needs of different sectors. Previously, the ministry struck two contracts with state-run Pakistan State O Enbl Punish a Muslim Day alarms community in US
As there is no let-up in the lethal attack from the unseen enemy, the crisis which struck the people of Wuhan, China, in late December last year has now globally infected over two million people and killed over 135,000 deaths. Pakistan, which in the second week of March had only
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air max one es of Covid-19, now has over 6,500 cases with more than 100 deaths.The crisis which has gripped the world is deepening with each passing day. More and more epicentres and hotspots are emerging in different parts of the world, i
nike air force 07 ncluding the United States where the death toll has crossed 28,000. But the situation in Pakistan, which is relatively better in terms of the numbers, is expected to worsen in the coming weeks. With a population of 220 million and an inadequate health and hygiene system, Pakistan is highly vulnerable to a sharp escalation of the pandemic which will not only raise the casualty figure but will have far reaching economic, psychological and social implications. The National Disaster Man