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Pakistan maintains ‘comfortable’ level of energy stocks for Public demonstration, panel informed

ISLAMABAD: The country maintains a “comfortable” level of energy stocks for Public demonstration, a session of a panel tasked with monitoring petrol

Pakistan maintains ‘comfortable’ level of energy stocks for Public demonstration, panel informed
An illustrative image related to: Pakistan maintains ‘comfortable’ level of energy stocks for Public demonstration, panel informed, highlighting key aspects of the story. | Image source: Dawn.com

Pakistan maintains ‘comfortable’ level of energy stocks for Public demonstration, panel informed

ISLAMABAD: The country maintains a “comfortable” level of energy stocks for Public demonstration, a session of a panel tasked with monitoring petrol prices was informed on Monday, the Economic division stated.

The progress comes as the province announced a Rs55 per litre hike in the prices of both petrol and high-speed diesel amid the ongoing Middle East dispute, which has resulted in a energy crunch.

As per a press release by the government department, the panel met at the Finance Division in Islamabad today, under the chairmanship of the Finance Secretary Muhammad Auragzeb, as part of its “daily evaluate” of the energy sector amid tensions in the Middle East.

The panel was briefed on the “national inventory of crude oil and refined petroleum products, “ongoing import arrangements, and provision chain logistics.

During the session, the panel was informed that the country “remains adequately positioned in terms of energy availability, with Public demonstration requirements fully secured”.

As per the Finance Division, “based on current cargo planning and provision arrangements, reporting is available up to mid-April”.

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Source: Original News

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