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Finance committee assures sufficient fuel reserves for upcoming month

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Web Desk: Pakistan’s Finance Minister Muhammad Aurangzeb confirmed on Wednesday that the government secured petroleum imports for March and April to maintain a stable energy supply chain despite ongoing Middle East tensions.

The Finance Minister chaired a Cabinet Committee meeting to evaluate the impact of global market trends on the national energy sector. During the briefing, officials informed the committee that the country currently holds satisfactory stocks of petrol and diesel. They emphasized that refineries continue to operate at normal production levels to meet domestic demand.

Furthermore, the government maintains active coordination with friendly nations, including Saudi Arabia, to ensure a consistent oil supply. The committee noted that proactive measures remain in place to prevent any potential disruptions in the energy transition.

The Finance Ministry continues to monitor the gap between international oil prices and local rates closely. Officials stated that the administration prioritizes energy security and market stability as part of its broader economic agenda.

Minister Aurangzeb expressed a firm commitment to ensuring the uninterrupted supply of fuel across the country. He reiterated that maintaining a reliable energy infrastructure remains a top priority for the government to protect the economy from global volatility.

Read more: Iran announces safe passage for non-hostile ships in Strait of Hormuz

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