Petrol, diesel uplift by OMCs falls below targets despite Ogra warning

Oil marketing companies (OMCs) failed to uplift petrol and high-speed diesel from local refineries in line with commitments made during the Product Review Meeting (PRM) for May, despite warnings from the Oil and Gas Regulatory Authority (Ogra), according to industry sources.

Official supply data up to May 17 showed petrol upliftment at 330,181 metric tonnes against a prorated demand target of 357,274 tonnes, leaving a shortfall of 25,146 tonnes, or 8%. 

High-speed diesel (HSD) upliftment stood at 281,092 tonnes against a prorated target of 366,981 tonnes, reflecting a deficit of 83,174 tonnes, or 23%.

Sources said low upliftment by OMCs had continued since April despite refineries maintaining production levels and facing rising inventories.

During April 2026, Attock Refinery Limited supplied 43,861 tonnes of petrol against an allocation of 53,300 tonnes, recording an 18% shortfall. Pakistan Refinery Limited remained 16% below allocation, while Cnergyico’s supplies were 44% lower than allocated volumes.

National Refinery Limited and Parco slightly exceeded petrol supply allocations by 3% and 4%, respectively.

For HSD supplies in April, all major refineries remained below allocations. Parco recorded the largest numerical shortfall of more than 51,000 tonnes, while Attock Refinery Limited and Cnergyico were each around 26% below targets.

The trend continued during May 1-10.

Attock Refinery Limited’s petrol supplies remained 30% below prorated allocations, while National Refinery Limited posted a 28% shortfall. Parco also recorded a 9% decline.

In diesel supplies during the same period, Cnergyico posted the sharpest decline, supplying 18,596 tonnes against a prorated allocation of 34,903 tonnes, reflecting a 47% deficit.

A few days ago, Ogra warned that delays or failure to uplift committed fuel volumes could trigger regulatory action under applicable laws, including restrictions on future imports.

Industry sources said the situation had increased inventory and cash flow pressures on refineries.

OMCs, however, maintained that pending price differential claims were affecting their ability to meet procurement commitments.