PSO arranges 5 additional cargoes of diesel

April 25, 2022: In view of the increasing demand for diesel, mainly due to the harvesting season and limited product availability/imports by other market players, PSO has arranged 05 additional high-speed diesel (HSD) cargoes from March to May 2022. 

These cargoes are over and above the 11 cargoes planned in accordance with PSO’s usual market share as committed by PSO during the Product Review Meeting chaired by Oil & Gas Regulatory Authority (OGRA).

In April 2022, PSO has sold around 120 million liters i.e. 100,000 tons of additional Diesel which is equivalent to 2 import cargoes. As of April 21, 2022, the company attained a market share of 57.4% against the historical monthly market share of 49.7%. 

We have ample stocks available in the supply chain to meet the increasing demand. All our import cargoes are arriving smoothly as per plan, and despite the sudden pressure on PSO's supply chain, our teams are working 24x7 to ensure we meet the nation's fuel needs.

Additionally, OGRA is monitoring the overall situation regarding product availability by other oil marketing companies so that country’s supply chain can be maintained.

As the national flag bearer, PSO remains committed to fueling the nation under all circumstances, ensuring an uninterrupted supply of fuel at its retail outlets nationwide.

Press Release