Petroleum stocks stable, government monitors fuel supply amid global market volatility

Pakistan’s petroleum supplies remain secure despite ongoing turbulence in international energy markets, the government said on Monday after a review of the country’s fuel stock position by the Prime Minister’s monitoring committee.

The committee, chaired by Finance Minister Muhammad Aurangzeb and attended by federal ministers and senior officials, assessed domestic petroleum inventories, import schedules, and logistics for crude and refined products. Officials reported that multiple cargoes are currently en route and additional shipments are being arranged to maintain adequate national reserves.

Members were briefed on refinery operations, maritime transportation, and coordination with international suppliers and shipping companies. The committee was assured that supply chains are functioning smoothly and refinery throughput remains optimal to ensure nationwide fuel availability.

International energy market developments, including crude benchmarks and refined product price trends, were also reviewed. Officials said the government is closely monitoring global price movements and preparing scenarios to mitigate risks to domestic energy security and economic stability.

The meeting examined energy conservation and demand management options to ease pressure on imports, including public sector operational adjustments and initiatives for efficient fuel use. Operational concerns raised by stakeholders in aviation and logistics were noted, with authorities instructed to provide detailed assessments at the next meeting.

Coordination with provincial governments was discussed, covering inspections at petrol pumps, enforcement actions, and the development of an integrated monitoring dashboard to provide real-time visibility of stock levels and retail supply conditions.

Finance Minister Aurangzeb stressed that ensuring uninterrupted fuel availability is the government’s top priority. He said the committee will continue daily oversight of domestic stocks, supply chains, and international market developments to facilitate timely policy decisions.