KarachiHiran on Sitara Petroleum Service Ltd

Here is the reason step by step. 1. Spsl is not an OMC but authorise dealer of GO petrolium which means all the fuel supply came from GO petrolium which is an OMC company. 2. In july 2026. FIA crack down against GO petrolium and alligation is to sale the fuel without paying custom duty and lavy. FIA seize the both custom bonded ware houses of Go petrolium. 3. Go petrolium take a court stay order to use his ware houses but all the custom duty and lavy need to be pay in advance. 4. Due to that GO petrolium LC's from the bank are not getting approved repidly and outcome from ware house decrease by 60%. Which means fuel supply to spsl decrease by 60% as well. 5. Wait for the sattlement between GO petrolium and customs/fia so the operation can become normal again.