Lahore faces 60% petrol shortage.

LAHORE -- The petroleum dealers and retailers, who are doing business in Punjab, said that they fear an additional shortage of petroleum products from next month due to a high possibility of the price hike By: the government.

The petroleum dealers said that currently provincial capital Lahore was facing a fuel supply shortage of 60%, which could get worse if the authorities concerned fail to take stern against the oil marketing companies.

'Lahore is getting a fuel supply of 40% and a big chunk of it comes from the Pakistan State Oil, as supplies from other private oil marketing companies are not regular these days, Petroleum Dealer Association of Pakistan Secretary General Khwaja Atif said.

He further said supplies were running dry and long queues of people were seen at many filling stations.

'There is news about a price hike in petroleum products circulating these days, we are expecting Rs6-7 per litre hike if government adjust this price hike By: lowering some petroleum levy or other tax for the...