LPG, petrol shipments arrive at Port Qasim

Multiple shipments of liquefied petroleum gas (LPG) and petrol have arrived at Port Qasim as the government moves to stabilise the country’s energy supply, officials told a private media outlet.

Authorities said that there is no shortage of LPG or petroleum products in the country and added that additional vessels are expected in the coming days to maintain supply levels.

According to the Port Qasim administration, the vessel PCG Pericles (LPG carrying vessel) arrived from Oman carrying over 3,800 tonnes of LPG and is currently berthed at the outer terminal. Another tanker, MT Virgo, is anchored at the port with around 3,800 tonnes of petrol.

Officials said that the vessel Navigator Aries also arrived from Iraq with 11,136 tonnes of LPG.

Separately, the Oil and Gas Regulatory Authority (OGRA) took notice of reported increases in LPG prices and stated that action will be taken against those involved in overcharging. A spokesperson said a nationwide crackdown is being launched.

Officials reiterated that supply levels remain stable and sufficient to meet domestic demand.

Earlier, authorities said Pakistan has adequate stocks of petrol and diesel to meet demand through April and beyond.

The assessment was presented in a meeting chaired by Deputy Prime Minister Ishaq Dar to review petroleum reserves and overall supply conditions.

The meeting also reviewed preparedness in view of the evolving situation in the Middle East.

The deputy prime minister directed relevant ministries to maintain coordination, ensure uninterrupted supply and take measures to safeguard fuel availability in the coming weeks.