
ISLAMABAD — Pakistan currently holds limited petroleum reserves, with most fuel stocks sufficient for only a few weeks, the Senate Standing Committee on Petroleum was informed during a briefing by Petroleum Secretary Mirza Nasir-ud-Din Ahmad.
According to the secretary, the country’s crude oil reserves are sufficient for approximately 11 days, while diesel stocks can last about 21 days. Petrol reserves are available for around 27 days, LPG stocks for nine days, and JP-1 aviation fuel reserves for roughly 14 days. The figures underline Pakistan’s heavy reliance on regular fuel imports to maintain supply across the country.
Read More: ‘Petroleum product stocks at comfortable levels’ – Daily Times
The briefing came amid concerns from lawmakers about rising fuel prices and the government’s decision to increase domestic petroleum rates. Responding to the criticism, the secretary said the recent price adjustments were not intended to benefit oil marketing companies but were necessary to sustain imports and ensure the continued availability of petroleum products nationwide.
Pakistan currently has crude oil reserves sufficient for 11 days, petrol reserves for 27 days, say officials
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He explained that maintaining a steady flow of imports had become essential due to volatility in international energy markets. Without timely price adjustments, Pakistan could face disruptions in fuel supply as importers may find it difficult to absorb rising global costs.
Data shared by the Oil and Gas Regulatory Authority (Ogra) showed a sharp increase in fuel prices in recent weeks. Since March 7, diesel prices have surged by about 100 percent, while petrol prices have risen by nearly 70 percent. The increases reflect broader global trends driven by geopolitical tensions and supply uncertainties in international energy markets.
Read More: Petroleum stock at ‘comfortable levels’, says cabinet panel
Officials told the committee that the government continues to closely monitor the fuel supply situation to avoid shortages and maintain stable distribution across the country. They emphasized that keeping imports uninterrupted remains a key priority to ensure that transportation, industry, and essential services continue to function smoothly.
Lawmakers stressed the need for long-term planning to reduce Pakistan’s dependence on imported fuel and strengthen strategic reserves to better handle global supply shocks.