Prime Minister Shehbaz Sharif Confirms Adequate Petroleum Stocks Amid Regional Tensions
Prime Minister Shehbaz Sharif says adequate stocks of petroleum products are available in Pakistan, crediting the government’s proactive measures for maintaining a steady supply. During a high-level meeting in Islamabad focused on austerity and resource management, the Prime Minister assured the public that the current reserves are sufficient to meet national demand despite the volatile situation in the Middle East.
Strategic Management of Oil Reserves
The Prime Minister emphasized that the committee formed to ensure economic stability has successfully secured a continuous oil supply chain. This stability is critical as international energy markets fluctuate due to the ongoing US-Israel-Iran conflict.
Key Measures Announced:
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Public Relief: The government is exploring additional relief measures to protect consumers from the impact of evolving international fuel prices.
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Transparency: Authorities are maintaining high levels of transparency regarding the volume of existing reserves and future imports.
Pak App: New Feature for Consumer Protection
 This digital tool allows citizens to report the non-availability of petroleum products or any price hikes above the official rates in real-time.
“Economic stability and relief for the public remain our top priorities. The government is fully prepared to handle any situation arising from global tensions,” stated Prime Minister Shehbaz Sharif during the briefing.
The Ministry of Petroleum and the Karachi Port Trust are working in tandem to ensure that shipments, such as the recent oil tankers from the UAE, are processed efficiently to maintain the required stock levels across all provinces.
