ISLAMABAD: The recent government decision for introduction of Euro-V petrol and High Speed Diesel (HSD) in the country is pre-mature owing to old vehicular fleet, non-compliant refineries, unprepared government machinery and will waste public money and burden majority of lower middle income consumers.
This was the crux of opinions expressed by petroleum experts at a virtual moot organised by Islamabad Policy Institute (IPI) — a think tank — which also released its report “Rushed Transition to Euro-V Standard Fuels: Need for A Public Debate”.
Speakers asked government to put on hold its timelines for the implementation of Euro-V fuel standards in the country to enable stakeholders to adequately prepare for the transition and warned that a hurried shift could affect the attainment of the goal of environmental improvement.
