Stocks enough, don’t import petrol, diesel till March, say refineries

ISLAMABAD: The local refineries have asked the Oil and Gas Regulatory Authority (Ogra) to defer the import of motor spirit (MS) and high speed diesel till March, as the country has a stock of petrol for 36 days and diesel for 39 days.

A letter, signed by managing directors of five refineries — Pak Arab Refinery Company Limited (PARCO), Cnergyico Pakistan Limited (CPL), National Refinery Limited (NRL), Pakistan Refinery Limited (PRL) and Attock Refinery Limited (ARL), was sent to Ogra on February 11, 2025, which also raised the issue of non-upliftment of POL [petrol, oil, lubricant] products by oil marketing companies (OMCs).