Three petrol cargoes expected to arrive tomorrow: petroleum minister

Islamabad
Petroleum Minister Ali Pervaiz Malik said three petrol cargoes are expected to arrive in Pakistan by Monday amid concerns that rising tensions in the Middle East could affect fuel supplies in the country.
The minister made the statement during a meeting to review the evolving regional situation and its possible impact on Pakistan’s energy supplies and economy.
The meeting was attended by Sindh Chief Minister Murad Ali Shah, Finance Minister Muhammad Aurangzeb, Petroleum Minister Ali Pervaiz Malik, Sindh Home Minister Ziaul Hassan Lanjar, Chief Secretary Asif Hyder Shah, Secretary Energy Shuhab Ansari and other officials.
The federal government raised petrol and diesel prices by Rs55 per litre as surging global oil prices, fuelled by the US‑Israel war with Iran, put pressure on domestic energy costs.
The meeting, held at the CM House in Karachi, was given a detailed briefing on rising global oil prices and the country’s fuel reserves.
The officials warned that if the Middle East conflict escalates further, crude oil prices could reach $120 per barrel, putting additional pressure on Pakistan’s economy. The participants also discussed emergency energy conservation measures aimed at managing fuel consumption and ensuring the continuity of economic activity.
Speaking on the occasion, Sindh chief minister emphasised the need for responsible use of energy and public cooperation. He said the government’s priority was to keep the wheels of the national economy moving while managing the energy situation prudently.
The chief minister said the proposals discussed in the meeting would be presented before the cabinet for further deliberation and decision-making.