Says govt endeavor state of affairs planning to safeguard vitality safety, financial stability
Monetary Minister Muhammad Aurangzeb talking on the Pakistan Financial Progress Convention organised by the Federation of Pakistan Chambers of Commerce and Business (FPCCI) in Islamabad, Feb 14, 2026. PHOTO: LIVESTREAM
ISLAMABAD:
A gathering of the Committee to Monitor Petrol Costs was held just about on Saturday underneath the chairmanship of Federal Minister for Finance Muhammad Aurangzeb as a part of the day by day evaluate of developments within the vitality sector amid persistent regional tensions.
The committee undertook a complete evaluate of petroleum product inventory place throughout the nation and was briefed on the present nationwide stock of crude oil and refined petroleum merchandise, ongoing import preparations and provide chain logistics. Members have been knowledgeable in regards to the cargoes at the moment en route in addition to further shipments being organized to strengthen nationwide reserves.
The committee famous with satisfaction that petroleum shares remained at snug ranges and provide chains have been functioning easily, with enough preparations to make sure the continuity of provide within the coming weeks.
It reviewed current developments within the world crude and refined petroleum markets, which had skilled heightened volatility attributable to geopolitical developments within the area. Members examined worldwide worth traits, benchmark crude actions and refined product market dynamics.
They mentioned attainable exterior situations and their potential implications for Pakistan’s vitality sector and broader economic system. It was famous that the federal government continued to intently monitor worldwide market developments and was endeavor state of affairs planning to safeguard home vitality safety and financial stability.
The assembly examined operational preparations regarding crude imports, refinery operations and maritime logistics. Related authorities gave a presentation on measures being taken to facilitate cargo actions, keep optimum refinery throughput and guarantee uninterrupted functioning of the petroleum provide chain.
The committee emphasised the significance of sustaining shut coordination amongst refineries, oil advertising and marketing firms and related authorities establishments to maintain clean product flows and nationwide gasoline availability.
Along with the supply-side measures, the committee assessed a spread of focused gasoline conservation and demand administration choices geared toward moderating import necessities during times of worldwide worth volatility. Numerous potential measures regarding environment friendly gasoline consumption and public sector conservation initiatives have been mentioned, with the understanding that accountable consumption might assist scale back strain on imports whereas supporting broader financial stability.
The committee additionally reviewed progress on strengthening monitoring mechanisms throughout the petroleum provide chain, together with the event of a digital dashboard to boost real-time visibility of inventory ranges, depots and retail provide situations. It was agreed that improved information integration and monitoring would additional strengthen oversight and facilitate well timed decision-making.
Talking on the assembly, Finance Minister Muhammad Aurangzeb emphasised that the federal government’s foremost precedence stays guaranteeing uninterrupted availability of petroleum merchandise throughout the nation whereas minimising the burden on the general public. He famous that though world vitality markets have been experiencing important volatility, Pakistan’s provide place remained steady attributable to proactive planning and shut coordination amongst related stakeholders.
