Govt assures ample fuel stocks amid regional uncertainty
MG News | March 16, 2026 at 10:37 PM GMT+05:00
March 16, 2026 (MLN): Pakistan’s fuel supply situation remains stable, with sufficient petroleum stocks available to meet national demand through March, while import arrangements are already in place to ensure continued availability into April.
The update was shared during the latest review of petroleum
price monitoring, where the government assessed stock levels, import plans, and
supply chain logistics amid evolving regional conditions affecting global
energy markets.
The session was chaired by Muhammad Aurangzeb, Federal
Minister for Finance and Revenue, and was attended by key government officials
including Ali Pervaiz Malik, Federal Minister for Petroleum, and Muhammad
Junaid Anwar Chaudhry, Federal Minister for Maritime Affairs.
The Governor of the State Bank of Pakistan and senior
representatives from relevant ministries and regulatory bodies also
participated.
During the briefing, authorities provided a detailed
overview of the country’s current petroleum inventory, covering both crude oil
and refined products.
The fuel requirements for March have been fully secured,
while current cargo schedules and supply arrangements provide coverage through
mid-April.
The government is also working to further extend supply
coverage towards the end of April through additional import planning and cargo
management.
The country currently maintains comfortable stock levels of
key petroleum products, supported by scheduled imports and coordinated
logistics planning designed to ensure uninterrupted supply across the country.
In addition to stock availability, the review also examined
procurement strategies and maritime logistics in response to ongoing regional
developments that could affect international shipping routes and energy flows.
Emphasized the importance of diversifying supply sources to
strengthen Pakistan’s energy security and reduce reliance on any single import
corridor.
The procurement strategies are already shifting toward
broader sourcing from global markets in order to enhance the resilience of the
national fuel supply chain.
Speaking during the session, Finance Minister Muhammad
Aurangzeb said the government remains focused on maintaining uninterrupted fuel
availability across the country and reassured the public that current stock
levels and supply outlook remain stable.
He stressed that there is no justification for panic buying
or unnecessary fuel hoarding, as the existing inventory and incoming cargo
shipments are sufficient to meet national demand.
The authorities were also directed to coordinate closely with the Oil and Gas Regulatory Authority and provincial governments to continuously monitor stock levels and market activity.
Any attempts to create
artificial shortages or hoard petroleum products will be dealt with strictly
under the law.
Reaffirming the government’s commitment to maintaining
stability in the energy market, the finance minister instructed relevant
ministries, regulators, and agencies to maintain close coordination and ensure
rigorous monitoring of supply flows.
The monitoring committee will continue its daily reviews of
petroleum stocks, import schedules, and market conditions to ensure the fuel
supply chain remains smooth and public confidence in the availability of
petroleum products is maintained.
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