A pressing concern has been raised by four major oil refineries in Pakistan, warning that the country’s oil supply chain is at risk of significant disruption due to the excessive storage of diesel. The refineries have urged the government to halt or postpone further diesel imports during September, as the current diesel stock levels have reached a critical point.
The refineries’ letter to the petroleum secretary highlighted that the current diesel stock levels have exceeded 770,000 tons, equivalent to more than 50 days of supply. This oversupply poses a serious threat to the country’s energy infrastructure and could have detrimental effects on the economy if not addressed promptly.
The refineries emphasized the need for immediate action to resolve the issue, cautioning that any additional imports could destabilize the supply chain. The consortium’s appeal to the government reflects the urgency of the matter, highlighting the potential economic impact if the diesel glut is not managed effectively.
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