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Islamabad National

Petrol and diesel stocks are sufficient to fulfil country’s need

Islamabad: The news circulating regarding fuel shortage are baseless and contrary to the facts. According to an official statement issued here on Tuesday, on 7.11.2022 the petrol stocks are around 550,000 Metric Tons which is sufficient for 21 days and with regard to diesel the present stocks are 438,000 Metric Tons which is adequate for 15 days, based on Oil Companies Advisory Council’s (OCAC) stock position.

PSO’s planned import of diesel for the month of November 2022 is around 220,000 metric Tons out of which one cargo is on the way to Karachi and is expected to arrive on November 12,2022 while cargoes of other OMCs are in line to meet the country’s planned demand. Keeping in view the above position, the stock in the country is sufficient to take care of current requirements.

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