The Government of Pakistan is closely monitoring the recent surge in global oil prices to ensure the uninterrupted availability of petroleum products across the country. Authorities are actively assessing national stock levels, import arrangements, and supply chain logistics to safeguard energy security amid heightened international market volatility.
The Committee to Monitor Petrol Prices, constituted by the Prime Minister and chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, continued its daily review of developments in the energy sector and evaluated national preparedness in light of evolving regional and global scenarios.
The Committee conducted a detailed review of petroleum product stocks nationwide. Officials presented a comprehensive briefing on current inventories of crude oil and refined petroleum products, ongoing import arrangements, and supply chain logistics, including shipments in transit and additional cargoes being arranged to strengthen national reserves. The Committee noted with satisfaction that petroleum stocks remain at comfortable levels and supply chains are functioning smoothly, with multiple import arrangements in place to ensure continuity of supply in the coming weeks.
Members were also briefed on recent trends in global crude oil and refined product prices, which have experienced significant volatility due to geopolitical developments. The Committee reviewed international market indicators, including benchmark crude movements and refined product price trends, and assessed potential scenarios for global energy markets. It was highlighted that the Government is actively monitoring price developments and undertaking continuous scenario planning to maintain domestic energy security and economic stability.
Logistical and operational arrangements for crude imports, refinery operations, and maritime transportation were also reviewed. Authorities provided updates on coordination with international suppliers, shipping arrangements, and measures to ensure uninterrupted refinery functioning. The Committee stressed the importance of maintaining optimal refinery throughput and seamless coordination among stakeholders to sustain national fuel availability.
In addition to supply-side measures, the Committee reviewed targeted energy conservation and demand management strategies to reduce pressure on imports during global market volatility. These include efficient fuel consumption practices, operational adjustments, and public sector conservation initiatives. Officials noted that responsible consumption and targeted conservation could generate meaningful savings in fuel imports while supporting overall economic stability.
The Committee also considered operational issues raised by stakeholders from the aviation and logistics sectors and directed authorities to undertake a detailed review and present a comprehensive assessment at the next meeting. Coordination mechanisms with provincial governments were discussed to ensure effective monitoring of petroleum product availability and prevent any supply disruptions. Provinces updated the Committee on enforcement measures and inspections at petrol pumps, while federal authorities briefed participants on the development of an integrated monitoring dashboard to enhance real-time visibility of stock levels and retail supply conditions nationwide.
Chairing the meeting, Finance Minister Senator Muhammad Aurangzeb emphasized that the Government’s top priority is the uninterrupted availability of petroleum products. He stated that, despite heightened volatility in global energy markets, Pakistan’s supply position remains stable and well-managed due to proactive planning and close inter-ministerial coordination.
The Finance Minister further noted that the Committee will continue to monitor international energy market trends, domestic stock positions, and supply chain dynamics daily to ensure timely and coordinated policy responses. He reiterated the Government’s commitment to maintaining market stability, safeguarding national energy security, and ensuring uninterrupted supply chains during this evolving global situation.
The meeting was attended by Federal Minister for Petroleum Ali Pervaiz Malik, Federal Minister for National Food Security and Research Rana Tanveer Hussain, Federal Minister for Commerce Jam Kamal Khan, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhary, Minister of State for Finance Bilal Azhar Kayani, along with federal secretaries and senior officials from the concerned ministries, divisions, and regulatory bodies.
