Islamabad, July 16, 2026: The National Coordination and Management Council (NCMC) today convened a meeting to comprehensively review the availability and supply of petroleum products across the country. The meeting was attended by representatives of the Oil Companies Advisory Council (OCAC), the Federal Board of Revenue (FBR), the Oil and Gas Regulatory Authority (OGRA), and other relevant stakeholders.
The Council reviewed the current petroleum supply situation and noted with satisfaction that sufficient stocks of petroleum products are available nationwide to meet prevailing demand.
During the meeting, supply-side challenges highlighted by OCAC representatives were discussed in detail and appropriate measures were considered to address them. The Council observed that the concerns primarily stem from an abnormal increase in petroleum product sales during the first 15 days of July. Analysis presented by OGRA also pointed to the possibility of hoarding in anticipation of a potential increase in petroleum product prices.
The NCMC emphasized the need for OGRA to further strengthen its enforcement mechanism and called upon provincial governments to take proactive measures to prevent hoarding and ensure the uninterrupted availability of petroleum products to the public without any inconvenience.
Reaffirming that the country’s petroleum stocks are sufficient to meet existing demand, the Council directed all relevant stakeholders to maintain an uninterrupted supply chain and ensure seamless distribution of petroleum products across the country.
