Six oil firms fined over low stock

Six oil firms fined over low stock
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Summary The Oil Ministry has fined about Rs 6.1 million to six companies on shortage of stock.

According to the ministry, the companies have not stock for twenty days.Detail of fine imposed to companies, Rs 2 million to Admore, Rs 1 million to Byco, Rs 1.5 million to Ascon, Rs 0.5 million to OTC and Rs 0.8 million to Hascol.The ministry directed to all firms to submit the detail of their oil stock and the licence of these firms will be cancelled who would not submit the details.
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