Emerging oil marketing companies (OMCs) in Pakistan, grappling with financial losses due to the smuggling of Iranian petroleum products in the country, have raised concerns about the effectiveness of the Oil & Gas Regulatory Authority (OGRA) in curbing these illicit trade. In a letter to OGRA chairman,
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Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35 percent of diesel sold in the South Asian country has arrived illegally from Iran, the Pakistan Petroleum Dealers Association (PPDA) told Reuters on Tuesday.
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Smuggled Iranian diesel is to a great extent fulfilling its swelled current harvesting season in the country as diesel interest for formal sources has plunged hugely, The News learnt on Friday.
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