Panic buying drains fuel at City pumps

Date:

Post View:

Panic buying drains fuel at City pumps

B Mirror Report: Several fuel pumps in the capital suspended operations on Saturday after running out of petrol and octane due to a surge in panic buying.

A visit by media found the entrances of several filling stations blocked with ropes and notices reading “No petrol or octane.” Many motorists were seen waiting at the gates in the hope that fuel would arrive, but most left disappointed.

“I took fuel on Friday, but my bike has already run out. There is no way to travel without fuel, so I am just standing here,” said Md Hanif, a motorcyclist at a petrol pump in Arambagh.

He later added that he finally managed to refuel after waiting for one and a half hours.

Md Ariful, a commuter at Rajdhani Filling Station at chittagong road, said, “I have visited four different pumps since morning, and all of them are empty. Looking for fuel is actually wasting more of the little fuel left in our tanks.”

At Rajdhani Filling Station, bamboo poles were placed at the entrance to prevent vehicles from entering.

A staff member said that although people continued to come for fuel, most had to leave without getting any. Fuel supplies might arrive later in the afternoon, after which sales could resume.

“We have no fuel shortage here. There is sufficient fuel, and motorcycles and other vehicles are being served regularly,” a staff member said.

Earlier, government officials said that fuel reserves remain adequate, but the sudden doubling of demand has disrupted local distribution. The situation has been further aggravated by consumers stockpiling fuel following the Iran crisis.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Govt to roll out new pay scale for employees from july 26

B Mirror Report:  The government has decided to begin...

Black money legalisation may return in budget proposal

B Mirror Report:  The government is considering reintroducing the...

BRAC Bank raises Tk 500 Cr for power plant via preference shares

BRAC Bank has set a new record in structured...

26 Exporters seek remedy over alleged fake loans at Premier Bank

B Mirror Report: Up to 26 Narayanganj-based export-oriented clothing...