Here’s the latest on OGRA’s directive amid the Iran–Israel conflict:
Pakistan’s Oil and Gas Regulatory Authority (OGRA) has instructed all oil marketing companies (OMCs) to maintain at least a 20‑day fuel reserve, in line with licensing conditions, to ensure continuity of supply during regional tensions .
According to OGRA spokesperson Imran Ghaznavi:
Current petroleum stocks are sufficient to meet domestic demand .
OGRA is actively monitoring the situation and will enforce compliance to uphold energy security .
In addition to the reserve mandate, the government has ordered immediate imports of around 140 million litres of petrol, including one tanker (70 million litres) that has been rescheduled to arrive on June 26 instead of July 6, with the remainder expected by July 1 .
Why this matters:
The rapidly escalating Iran–Israel tensions threaten global oil supply routes—especially the Strait of Hormuz, which handles roughly 20% of global shipments .
Pakistan’s fuel import costs and domestic prices could rise, as freight rates and insurance premiums have already climbed nearly 15% .
Government response:
A high-level committee, led by the Finance Minister and National Security Advisor, is tracking supply, pricing, and stock levels weekly, exploring reserve expansion and alternate supply routes such as pipelines bypassing the Strait of Hormuz .
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📊 Summary
Action Status
20‑day reserve directive Issued and being enforced
Current stock level Sufficient, as confirmed by OGRA
Emergency petrol imports 140 million litres ordered, first shipment arriving June 26
Monitoring & contingency planning Ongoing by government committee