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Business - March 4, 2026

Uninterrupted petroleum supply top priority: Finance Minister

Finance Minister Muhammad Aurangzeb says ensuring uninterrupted availability of petroleum products remains the Government’s foremost priority and will continue to guide all policy decisions.

He was chairing a meeting of the Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region, constituted by the Prime Minister, in Islamabad today.

The Minister reiterated that the Committee is monitoring developments on a daily basis and is prepared to take timely and coordinated measures to safeguard national energy security and maintain stability in domestic markets.

The Committee also stressed the importance of preventing hoarding, diversion, or smuggling of petroleum products, particularly in times of international volatility.

Relevant authorities have been directed to maintain heightened vigilance and strengthen coordination with provincial governments to ensure that domestic supplies remain protected.

It was further decided that the Chief Secretaries of all provinces will participate in the Committee’s meeting tomorrow to deliberate on the final summary and proposed national action plan.

The Committee will continue its deliberations to finalize a comprehensive strategy to be implemented at the national level with the cooperation of all stakeholders.