Ogra flags fuel stock readiness amid regional tensions

ISLAMABAD: With tensions rising in the broader region and fears of supply chain disruptions mounting, Pakistan’s oil and gas regulator on Saturday confirmed the country holds adequate stocks of petroleum products to meet current demand — but warned oil marketing companies (OMCs) to strictly maintain the mandatory 20-day reserves required under their licenses.

The Oil and Gas Regulatory Authority (Ogra) issued a formal advisory to all OMCs, emphasizing the need to brace for potential shifts in global energy dynamics by securing sufficient inventory to avoid any domestic shortfalls.

“Ogra remains committed to closely monitoring the situation and will continue taking proactive steps to safeguard the country’s energy security,” said the authority’s spokesperson. The reminder comes as geopolitical instability in the region threatens to impact global oil supplies and market volatility, prompting energy regulators worldwide to reinforce national preparedness.