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Pakistan Fully Secured on Fuel Supplies, PM Assures Amid Price Hike
Pakistan has sufficient petrol for 27 days and diesel for 21, PM Shehbaz Sharif says. Govt monitoring fuel supply, preventing hoarding, and ensuring prices remain stable amid Middle East crisis.
ND
by News Desk
2026-03-16
Pakistan Fully Secured on Fuel Supplies, PM Assures Amid Price Hike

Pakistan is “adequately positioned” in terms of fuel availability, with March requirements fully secured and coverage expected through mid-April, the government said on Monday, amid rising fuel prices caused by the ongoing Middle East conflict.

A ministerial committee, chaired by Finance Minister Muhammad Aurangzeb, reviewed the national inventory of crude oil and refined petroleum products, import arrangements, and supply chain logistics. Officials assured that procurement and maritime logistics are being closely monitored and emphasized diversifying sources of supply to strengthen the country’s energy security.

The committee highlighted that any attempts at hoarding or artificial shortages would be strictly dealt with under the law, urging the public not to panic buy.

Fuel Stock and Reserves

Earlier, Petroleum Secretary Hamed Yaqoob Sheikh informed the Senate Standing Committee on Petroleum that Pakistan currently has:

  • Petrol reserves for 27 days
  • Diesel reserves for 21 days
  • Jet fuel (JP1) for 14 days
  • Crude oil for 11 days
  • LNG for 9 days

He noted that 70% of Pakistan’s petrol is imported from the Middle East, and supply disruptions have pushed prices higher, with diesel rising from $88 to $187 and petrol from $74 to $130 per barrel.

The government has also allowed imports of lower-quality Euro 5 oil to mitigate shortages and is working on relief packages for motorcycles and rickshaws. Meanwhile, LNG imports from Qatar have been partially suspended, and some domestic power and fertiliser plant supplies have been reduced to manage limited gas availability.

Prime Minister’s Assurance

Prime Minister Shehbaz Sharif said that economic stability and public relief remain the government’s top priority. He stressed that the government is fully prepared to handle the ongoing situation and has instructed fuel distribution companies to sell petroleum at mandated rates.

Additionally, a PAK App feature allows consumers to report fuel unavailability or overpricing, ensuring real-time monitoring and consumer protection.

With current measures, the government expects continued stable availability of petroleum products through April, preventing disruptions despite the global energy crisis triggered by tensions in the Strait of Hormuz.
Tagged:

EnergySecurity

PetrolPrices

DieselPrices

PakistanFuelUpdate
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