Authorities decided not to reduce petrol prices after reviewing the petroleum market. This decision came even though supply conditions remain stable across the country.
The finance ministry said refineries are working at full capacity without disruption. Supplies of petrol, diesel, and crude oil are steady and meeting demand.
Recently, fuel prices reached very high levels in Pakistan. Petrol touched Rs458,41 per liter while diesel went up to Rs520,35 per liter.
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Later, the government reduced the petrol levy by Rs80 to give some relief to consumers. However, no direct cut in fuel prices has been announced yet.
These changes came after global supply disruptions بسبب tensions in the region. Issues in the Strait of Hormuz affected fuel shipments and raised concerns.
A special committee met to review the fuel supply situation after the price increase. The focus was to ensure that supply continues without interruption.
Officials shared that diesel stocks are enough for about 25 days. Petrol supply is also sufficient, while crude oil reserves can last around 12 days.
The ministry stated, “Members were informed that the overall supply position remains stable, with diesel stocks providing approximately 25 days of cover, petrol availability sufficient to meet current demand, and crude oil stocks at around 12 days of cover, supported by incoming cargoes and scheduled imports,”.
It was further explained, “The Petroleum Division apprised the Committee that import arrangements for the coming weeks are on track through a combination of commercial procurement and government-to-government engagements, while refineries continue to operate at optimal levels to maintain throughput and ensure efficient conversion of crude into refined products.”
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Authorities warned they will closely monitor the supply chain to stop hoarding and illegal activities. They want to ensure smooth availability of fuel across the country.
The committee also discussed gas supply and its distribution between homes and power sectors. They stressed better monitoring using OGRA’s digital dashboard for real-time tracking.
Prices staying high despite good supply may confuse people. Many expected a direct reduction in fuel rates. The government seems cautious due to global risks. If conditions improve, relief may come later.
