Particle.news

Pakistan Says Fuel Stocks Secure for 28 Days as Government Activates Daily Oversight

Daily oversight by a PM-led committee prioritizes Red Sea rerouting with Saudi backing to cushion the LNG pause.

Overview

  • Finance Minister Muhammad Aurangzeb told senators the country holds a 28‑day petroleum cover and roughly 15 days of LPG, with LNG imports from Qatar halted but demand to be met through local gas.
  • The Committee to Monitor Petrol Prices reviewed inventories and market risks, directed steps against hoarding and smuggling, and called provincial chief secretaries to the next session to finalize a national plan.
  • Petroleum Minister Ali Pervaiz Malik reported Saudi assurances to secure supplies via the Red Sea’s Yanbu port, including arrangements for a Pakistani tanker to load crude there.
  • Ogra said pre‑emptive imports lifted stocks to meet about 28 days of consumption, while officials continue conservation planning to preserve buffers if disruptions persist.
  • Media reports, citing unnamed sources, say Saudi Aramco and ADNOC are routing cargoes through the Red Sea with a few vessels already delivered to Pakistan, as two crude shipments remain delayed by the Hormuz closure.