Federal Minister for Information and Broadcasting Attaullah Tarar has said that under the prevailing circumstances, Prime Minister Shehbaz Sharif had taken timely decisions to replenish the country’s oil reserves. He said this while addressing a joint press conference along with Federal Minister for Petroleum Ali Pervaiz Malik here on Saturday. Attaullah Tarar said that the […]
Fuel
Government to tighten austerity drive as fuel supply worries grow
Prime Minister Shehbaz Sharif on Thursday chaired a meeting to review the implementation of fuel saving and austerity measures in view of the rapidly deteriorating situation in the region. The meeting was briefed on the country’s current reserves, consumption and cargoes. The meeting was informed that there was adequate stock of petroleum products to meet […]
Ample fuel stock available to meet country’s needs, PM told
A meeting with Prime Minister Muhammad Shehbaz Sharif in the chair, Tuesday, was informed that adequate stocks of petroleum products were available in the country as per local requirements. The meeting to review implementation of fuel conservation and austerity measures in light of the regional and global situation, was briefed on the progress on these […]
PIA raises fuel surcharge as Gulf crisis drives up costs
Airlines in Pakistan, including Pakistan International Airlines, are raising fuel surcharges after war in the Gulf disrupted regional air routes and canceled about 300 flights from the country in recent days, airline officials and flight data show. PIA spokesman Abdullah Khan told Reuters that fuel costs have risen 34 per cent due to the Gulf […]
KP cuts fuel quota for official vehicles by 25%, grounds 60% of fleet
The Khyber Pakhtunkhwa government has reduced the monthly fuel (POL) quota for official vehicles by 25 percent (pc) and grounded 60pc vehicles for two months in view of the prevailing regional situation and possible pressure on foreign exchange reserves. According to a circular issued by the Transport Wing of the Administration Department, the decision was […]
Fears of fuel shortage as tankers wait to fill up
Tanker drivers in Pakistan said they were facing long waits at depots due to a shortage of fuel, as the government played down fears of another rise in prices. The US-Israeli war with Iran has disrupted shipping and damaged oil and gas facilities in the Middle East, raising global oil prices as countries scramble to […]
Four petrol-laden ships arrive at Port Qasim amid fuel crisis
Amid the recent energy crisis and government measures to cope with the prevailing global fuel shortage triggered by the ongoing US-Israel-Iran conflict, four petrol-laden ships have arrived at Port Qasim, officials confirmed. According to Port Qasim officials, two more ships are scheduled to arrive soon – one carrying 55,000 tonnes on March 12 and another […]
Islamabad launches real-time fuel monitoring system
Authorities in Pakistan’s capital have launched a digital system to monitor petroleum stocks at fuel stations in real time, an official statement said on Tuesday, as the government steps up oversight of supplies following market disruptions linked to tensions in the Middle East. The system has been introduced by the Islamabad district administration days after […]
No fuel shortage, says finmin
Finance Minister Muhammad Aurangzeb on Wednesday cautioned over oil stocks amid global uncertainty due to the US-Israel and Iran war, but said that there was no emergency-like situation in Pakistan. Briefing the Senate Standing Committee on Finance, the minister suggested conserving fuel as a preventive measure. “We are not going for rationing of fuel as […]
Uzbekistan produces synthetic fuel for first time
TASHKENT: Uzbekistan has started producing synthetic fuel, including synthetic diesel, for the first time at its gas-to-liquids (GTL) plant, the Uzbek Energy Ministry said Thursday. According to agreements, the first batch 5,000 tons of synthetic diesel will be sent to the Navoi Mining and Metallurgical Combine, Uzbekistan’s largest gold producer, it said. Uzbekistan launched its […]