ISLAMABAD: The recent government decision for introduction of Euro-V petrol and High Speed Diesel (HSD) in the country is pre-mature owing to old vehicular fleet, non-compliant refineries, unprepared government machinery and will waste public money and burden majority of lower middle income consumers.
Thank you for reading this post, don't forget to subscribe!This was the crux of opinions expressed by petroleum experts at a virtual moot organised by Islamabad Policy Institute (IPI) — a think tank — which also released its report “Rushed Transition to Euro-V Standard Fuels: Need for A Public Debate”.
Speakers asked government to put on hold its timelines for the implementation of Euro-V fuel standards in the country to enable stakeholders to adequately prepare for the transition and warned that a hurried shift could affect the attainment of the goal of environmental improvement.
