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ISLAMABAD: Pakistan&rsquo;s petrol stocks remain at comfortable levels, and supply chains are functioning smoothly, the government said on Saturday after a high-level committee reviewed national fuel reserves and energy preparedness amid ongoing regional tensions.&nbsp;A government committee reviewing petrol prices and fuel supply has confirmed that Pakistan currently has comfortable stocks of petroleum products and that nationwide supply remains stable.&nbsp;The meeting of the Committee to Monitor Petrol Prices was held virtually on Saturday under the chairmanship of Finance Minister Muhammad Aurangzeb as part of the government&rsquo;s daily review of developments in the&nbsp;<a href="https://www.pakistantv.com/article/pakistans-pm-sharif-heads-to-qatar-for-key-trade-energy-talks" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">energy sector</a>.&nbsp;Officials informed the committee that the national inventory of crude oil and refined petroleum products remains adequate. Cargoes carrying petroleum products are already en route to the country, while additional shipments are being arranged to further strengthen reserves.&nbsp;The committee noted with satisfaction that&nbsp;<a href="https://www.pakistantv.com/article/pakistan-seeks-red-sea-oil-route-as-gulf-crisis-disrupts-supply" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">supply chains</a>&nbsp;are operating smoothly and that arrangements are in place to ensure the uninterrupted availability of fuel in the coming weeks.&nbsp;During the meeting, members also reviewed global crude and refined petroleum market trends, which have shown increased volatility in recent days due to regional geopolitical developments. Officials briefed the committee on international price movements and possible scenarios that could affect Pakistan&rsquo;s energy sector.&nbsp;The government, the committee was told, is closely monitoring international market developments and undertaking continuous planning to safeguard domestic energy security and economic stability.&nbsp;Operational arrangements related to crude imports, refinery operations, and maritime logistics were also reviewed. Authorities said steps are being taken to facilitate cargo movement, maintain optimal refinery throughput, and ensure smooth functioning of the petroleum supply chain.&nbsp;Officials further briefed the committee on the supply outlook for petrol, diesel, aviation fuels, and LPG, noting that current supply levels and planned imports are expected to meet domestic demand in the coming weeks adequately.&nbsp;The meeting also discussed potential fuel-conservation and demand-management measures to reduce import pressures during periods of global price volatility. These include initiatives to promote efficient fuel consumption, particularly within the public sector.&nbsp;In addition, progress on strengthening monitoring mechanisms across the petroleum supply chain was reviewed, including the development of a digital dashboard that will provide real-time visibility of stock levels, depots, and retail supply conditions.&nbsp;Addressing the meeting, Finance Minister Muhammad Aurangzeb said the government&rsquo;s top priority is ensuring the uninterrupted availability of petroleum products across the country while minimizing the burden on the public.&nbsp;He added that despite volatility in global energy markets, Pakistan&rsquo;s supply position remains stable due to proactive planning and coordination among relevant institutions.&nbsp;The committee will continue to monitor international energy markets, domestic stock levels and supply chain dynamics daily to ensure timely policy responses, the minister said.&nbsp;The meeting was attended by Petroleum Minister Ali Pervaiz Malik, National Food Security Minister Rana Tanveer Hussain, Minister of State for Finance Bilal Azhar Kayani, the Governor of the State Bank of Pakistan, and senior officials from relevant ministries and regulatory bodies.

Economy

The committee notes with satisfaction that supply chains are operating smoothly and that arrangements are in place to ensure the uninterrupted availability of fuel in the coming weeks.


Articles tagged with "Pakistan petrol stocks"

Petrol stocks at comfortable levels as Pakistan reviews energy preparedness amid Gulf war

Petrol stocks at comfortable levels as Pakistan reviews energy preparedness amid Gulf war