Pakistan Likely to Face Petrol and Diesel Shortage, Warns OGRA

By Muhammad JuniadPublished On 06 Jan 2023

There might be a shortage of Petrol and High-speed Diesel in the coming days due to insufficient imports and limited local availability warned OGRA.

deficit of 210,000 MT of HSD and 147,000 MT of petrol was worked out. It was highlighted in the meeting that HSD imports in November might be challenging owing to limited availability.

Only PSO has booked shipments of 220,000 MT & 10,000 MT by Flow Petroleum.

It is worth mentioning that quite a few OMCs have had October sales much higher than the anticipated demand.

In Short:-

• The Oil Companies Advisory Council informed OGRA about the looming shortage in a letter.
• Under product review, a deficit of 210,000 MT of HSD and 147,000 MT of petrol was worked out.
• Says petrol import corresponds to anticipated sales volume and the stock cover has not been booked.