Pakistan confirms sufficient fuel stocks amid Middle East tensions

WEB DESK: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has reviewed Pakistan’s petroleum reserves, confirming that the country holds sufficient stocks to meet national demand through April and beyond.

According to APP, the high-level briefing, held in Islamabad on Thursday, sought to address growing concerns regarding energy security as volatility continues to impact global oil markets due to the ongoing situation in the Middle East.

The meeting included Federal Ministers for Petroleum and Economic Affairs, the Special Assistant to the Prime Minister (SAPM) Tariq Bajwa, and senior federal and provincial secretaries.

Strategic oversight and supply chain stability

During the session, officials provided a comprehensive breakdown of current inventory levels, assuring the Deputy Prime Minister that existing reserves remain robust despite regional instability.

Dar expressed satisfaction with the current stock positions but issued a firm directive to relevant authorities to maintain rigorous inter-agency coordination to prevent any disruptions to the supply chain.

He further emphasised the need for proactive monitoring to ensure that domestic consumers remain protected from potential market fluctuations, tasking the Ministry of Energy with providing regular updates on strategic maritime routes and import schedules.