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Pakistan secures petroleum supply up to April 25 amid regional uncertainty

News Desk

Mar 27

Pakistan has secured its petroleum supplies up to April 25, with domestic refineries running at high capacity and imports from multiple sources ensuring uninterrupted fuel availability.

 

The News quoted officials from the Petroleum Division as saying that the country is currently facing no shortage of petroleum products.

 

They added that “improved inventory management and timely import decisions have strengthened supply chains”, noting the importance of alternative imports, including shipments from Oman.

 

In March, Pakistan received three petrol shipments and one diesel shipment from Omani ports. Another two petrol cargoes are expected before the month ends, adding to the country’s reserves.

 

Officials said Pakistan State Oil (PSO) is engaged in talks with Oman Trading International to secure additional shipments to meet growing domestic demand.

 

Pak-Arab Refinery Company (PARCO), the largest refinery in the country, is operating at 100 percent capacity. Its current crude oil stocks can meet domestic requirements for about 15 days, and incoming deliveries are expected to maintain supplies through April 25. 

 

National Refinery Limited (NRL) and Pakistan Refinery Limited (PRL) are operating at around 80 percent of their capacity, up from previous levels of 50-60 percent, reflecting better crude availability.

 

The stable supply situation follows swift measures taken after the conflict involving the United States (US) and Israel against Iran started Feb 28, which sparked concerns over possible disruptions in oil shipments through the Strait of Hormuz. Authorities quickly arranged alternative crude deliveries from regional hubs, including Fujairah in the United Arab Emirates (UAE) and Yanbu in Saudi Arabia.

 

Officials said that these proactive steps have allowed Pakistan to maintain consistent fuel availability, even as some neighbouring markets, such as India and Bangladesh, face tighter supplies.

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