Deputy Prime Minister (DPM) Ishaq Dar has been informed that Pakistan has sufficient reserves of Petroleum, Oil and Lubricants (POL) to meet demand until the third week of June 2026, the Petroleum Ministry has confirmed.
The update was given during a high-level meeting on Monday held to review the country’s POL stock position and supply situation.
The Petroleum Ministry briefed the committee that, after accounting for incoming shipments, stock levels are adequate to ensure uninterrupted fuel availability across the country until the stated period.
Officials said that global fuel prices have surged in recent months, while maritime shipping through the Strait of Hormuz remains disrupted following US and Israeli strikes on Iran earlier this year.
The meeting was told that fuel supplies are being monitored on a daily basis by the National Coordination and Management Committee (NCMC) to maintain oversight and manage the supply chain.
Dar appreciated the relevant departments for maintaining steady fuel availability despite global and domestic pressures.
The meeting was attended by several federal ministers along with senior officials from various ministries and departments, according to the Deputy Prime Minister’s office.
Last week, Prime Minister Shehbaz Sharif said that Pakistan’s weekly oil import bill had risen to around $800 million due to the ongoing regional conflict, compared to about $300 million before the crisis.
He also said that fuel consumption had declined in recent weeks and that the situation was being closely monitored.
Earlier in March, the prime minister had announced austerity measures to manage the pressure on fuel reserves, including a four-day working week for government offices, excluding banks and essential services.
