The Oil and Gas Regulatory Authority (OGRA) confirmed there was no fuel shortage in Pakistan, addressing concerns about Sindh’s 1.8% Infrastructure Development Cess delaying clearances at Karachi Port.
OGRA spokesperson Imran Ghaznavi stated PSO’s diesel and WAFI’s petrol consignments are cleared, ensuring uninterrupted nationwide distribution
The cess could raise fuel prices by Rs3 per litre, straining oil marketing companies (OMCs). The Oil Companies Advisory Council (OCAC) urged Sindh CM Murad Ali Shah to immediately clear the customs of berthed tankers MT Islam 2 and MT Hanifa, warning of Keamari terminal stock depletion.
Read: Sindh’s 1.8% Cess Delays Fuel Imports, Risks Nationwide Shortage
Sindh cleared PSO’s vessel on a 15-day undertaking. Other OMCs expect similar bank guarantee arrangements instead of 100% upfront payments, easing cash flow pressures.
OMAP Chairman Tariq Wazir Ali called the policy a “serious threat” to energy security, urging federal intervention. He warned of nationwide petrol and diesel shortages if the issue is unresolved, impacting the economy and agriculture.
Sindh Excise demands full guarantees, delaying pending cases. The resolution averts a crisis during peak demand, but cess costs will affect consumers.
