PM Shehbaz directs Petroleum Minister to rush to Karachi, negotiate with refineries for diesel price relief
MG News | August 19, 2026 at 01:34 PM GMT+05:00
August 19, 2026 (MLN): Prime Minister Muhammad Shehbaz Sharif has directed Petroleum Minister Ali Pervaiz Malik to immediately travel to Karachi and hold negotiations with oil refineries to secure a reduction in locally produced diesel prices and provide immediate relief to consumers.
The directives were issued during a meeting between Prime
Minister Shehbaz Sharif and Petroleum Minister Ali Pervaiz Malik, which was
also attended by Information and Broadcasting Minister Attaullah Tarar,
Economic Affairs Minister Ahad Khan Cheema, Climate Change Minister Dr Musadik
Malik and MNA Hamza Shehbaz.
The Prime Minister instructed Petroleum Minister Ali Pervaiz
Malik to reach Karachi *without delay* and engage directly with local oil
refineries over the pricing of diesel produced domestically.
PM Shehbaz emphasized that a significant portion of the
country's diesel requirements is met through local refinery production.
Therefore, he directed the Petroleum Minister to ensure that negotiations with
refineries regarding a reduction in diesel prices are completed at the
earliest.
The Prime Minister called for *maximum possible relief to be
passed on to the public immediately*, according to the directives issued during
the meeting.
The Petroleum-Minister has been specifically tasked with
visiting Karachi and holding discussions with the country's oil refineries to
determine how the price of locally produced diesel can be reduced.
The move comes as the government seeks to provide relief to
consumers through lower fuel prices, with the Prime Minister directing the
Petroleum Ministry to pursue immediate measures rather than waiting for a
longer-term review of fuel pricing.
PM Shehbaz stressed that because a large share of diesel is
produced domestically, there is scope for discussions with local refineries
over their pricing and for ensuring that any possible reduction is reflected in
consumer prices.
The Prime Minister's instructions indicate that the
government is seeking to use the current pricing structure of locally produced
diesel to provide relief to the public.
The Petroleum Minister has been directed to complete the
discussions with refineries *as soon as possible* and take measures that can
translate into immediate relief for consumers.
The Prime Minister directed that every possible effort
should be made to provide immediate relief to the public.
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