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March 2, 2026
Pakistan directs OGRA to secure oil and fuel stocks amid Gulf tensions, ensuring stable supply and smooth imports.
Pakistan has directed a major push to build and secure its crude oil and petroleum product stocks as Middle East geopolitical tensions raise concerns over supply routes, particularly around the Strait of Hormuz. The government’s Petroleum Division has formally instructed the Oil and Gas Regulatory Authority (OGRA) to ensure ample inventories of crude oil, Motor Spirit (MS), High-Speed Diesel (HSD) and LPG across the country to guard against possible disruptions.
A high-level review meeting, co-chaired by Ali Pervaiz Malik (Federal Minister for Petroleum) and Muhammad Aurangzeb, assessed supply chain risks stemming from regional instability. Senior officials from the Petroleum Division, the State Bank of Pakistan, major refineries such as Pak-Arab Refinery Company, Cnergyico, Pakistan Refinery Limited and National Refinery Limited, plus representatives of oil marketing companies and the Oil Companies Advisory Council, attended the session.
The SBP governor assured that import payments for crude and fuel deliveries will proceed smoothly despite external uncertainties. Industry sources reported that current crude and petroleum product stocks are sufficient for over a month, with additional cargoes en route via alternative routes that avoid the Strait of Hormuz.
