Commerce Minister Oil Marketing Giants Eye Expansion With 'Oil City' Plan'
Sumaira FH Published September 14, 2024 | 02:30 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 14th Sep, 2024) The Oil Marketing Association of Pakistan, led by its Senior Vice Chairman Tariq Mehmood on Saturday met with Federal Minister for Commerce Jam Kamal Khan to explore the expansion and development of the fuel oil industry in Balochistan.
The discussions focused on increasing the presence of licensed fuel stations across the province, aiming to provide quality products and better services for the local population,said a press release issued here.
During the meeting, Tariq Mehmood emphasized the need for a gradual rollout of licensed fuel stations in Balochistan, stating that this would ensure high-quality fuel products for the region and improve overall consumer experience.
He called for increased facilitation to the people through these regulated stations.
Federal Minister Jam Kamal Khan suggested that each oil company should have at least two to three fuel stations in each district of the province to boost business activities and create employment opportunities.
Such initiatives would support Balochistan's economic growth, he added.
Jam Kamal Khan contacted Chief Minister of Balochistan, Sarfraz Ahmed Bugti, during the meeting to seek his support.
The Chief Minister appreciated the idea and assured full backing from the provincial government.
Jam Kamal Khan also reaffirmed the federal government’s full support for the Oil Marketing Association's plans.
Jam highlighted that the shift toward licensed fuel stations would benefit both consumers and sellers by ensuring quality control and fostering a competitive business environment.
"We should gradually move towards a framework of licensed fuel stations, which would create a win-win situation for all involved, ensuring consumers receive high-quality products while boosting business opportunities for station owners," the minister remarked.
In closing, the Federal Minister assured his availability and support for any initiatives aimed at increasing business volume and contributing to the country’s economic development.
Jam Kamal expressed optimism about the future of the fuel oil industry in Balochistan and its potential to drive regional growth.
Related Topics
Recent Stories
Man faces fine of Rs51,800 over 108 traffic e-violations in Lahore
Former Maharashtra Minister Baba Siddique killed in Mumbai attack
Yo Yo Honey Sing to unveil new video featuring Mehwish Hayat
No invitation for Afghanistan for SCO summit
At least 11 killed in tribal clash in Kurram
Saudi investors express desire to invest in Pakistan in diverse fields
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 12 October 2024
Today Gold Rate in Pakistan 12 October 2024
UNICEF appoints Saba Qamar as ambassador for children’ rights
Chaudhry Salik Hussain is setting up revolutionary measures in the Ministry of O ..
Infinix HOT 50 Series Leak Teases World’s Slimmest Smartphone Featuring Ultra- ..
IHC to take up plea for recovery of missing lawyer Intizar Panjotha
More Stories From Business
-
Gold prices up by Rs.1,600 per tola
15 hours ago -
SCCI stresses signing free trade agreement on Pak-Afghan trade
15 hours ago -
WCCIS meeting
16 hours ago -
Ahsan terms PTI’s protest call as ‘Political Terrorism’
16 hours ago -
NAVTTC Punjab DG visits PSGMEA
18 hours ago -
Saudi investors express desire to invest in Pakistan in diverse fields
20 hours ago
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 12 October 2024
24 hours ago -
Today Gold Rate in Pakistan 12 October 2024
24 hours ago -
Planning Minister and Saudi Investment Minister explore strategies to strengthen bilateral cooperati ..
1 day ago -
Alim Khan advises Saudi delegation to invest in Pakistan's communications sector
2 days ago -
Saudi Minister praises Pakistan's private sector, abundant natural resources
2 days ago -
Finance Minister chairs CCoSOEs meeting
2 days ago