Senato­r sugges­ts settin­g up of retail outlet­s will help stop smuggl­ingISLAMABAD: Pakistan faced an annual loss of Rs60 billion because of oil smuggling from Iran, a parliamentary panel was informed on Tuesday. Senator Mohsin Aziz, while chairing a meeting of the Senate Standing Committee on Petroleum, said the smuggling of petroleum products had increased and the government was suffering an annual loss of Rs60 billion due to smuggling of Iranian oil. He suggested that Pakistan State Oil (PSO) should relax the policy of setting up retail outlets in Balochistan. Quetta’s MCC conduct crackdown against fuel smugglersJamaldini said Iran wanted trade relations with Pakistan and setting up of retail outlets for petroleum products would help stop oil smuggling. He suggested the setting up of retail outlets of petroleum products on the road to control smuggling.

Source: The Express Tribune May 22, 2019 02:47 UTC