Earlier, as the meeting between government officials and oil tanker owners fell through, the All Pakistan Oil Tankers Association (APOTA) announced that they would continue their strike until their demands were met by the government and refused to follow safety standards introduced in 2009.
A strike by oil tanker operators has created a shortage of petroleum products in Pakistan, causing panic among people who are lining up at gas stations to make bulk purchases of petrol and diesel.
The report exposed that a fake fitness certificate of the oil tanker was used by the company, and the tragedy could have been averted had the tanker been examined before departure.
While talking to Minister of Petroleum and Natural Resources Shahid Khaqaab Abbasi on telephone, Rafique further said we can not support strike culture.
Yousuf Shahwani, the chairman of APOTOA, announced the decision at a press conference, saying that government authorities have assured the oil tankers owners to accept their demands.
During the court proceeding, the regulatory body apprised the court that only 1,500 oil tankers were up to the mark while rest of 9,500 tankers did not meet the quality standards.
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He requested the APOTA representatives to not play with the lives of people, adding that they suspected oil marketing companies were behind the strike.
Pakistan has 10 to 11 days of oil stock reserves but many service stations were shuttered and carried "Petrol Finished" signs following panic buying in the nation of almost 200 million people.
But the bribes continually demanded by motorway, traffic and excise police can prove ruinous, said Shamas Shiwani, vice-chairman of the All-Pakistan Tankers' Association.
Even the regulators became more active after the horrific accident which took place in Ahmedpur East when an oil tanker turned and caught fire, leaving over 200 people dead.
Government officials say safety has to improve in a country where many trucks are not road worthy and pose a danger to the public.