Pakistan's Fuel Reserves Dwindle Amid Middle East Turmoil: Just 9 Days of LPG and 11 Days of Crude Oil
Synopsis
As the Middle East conflict escalates, Pakistan faces a critical energy security challenge with crude oil stocks only sufficient for 11 days and LPG for just 9 days. The government is taking steps to mitigate the potential crisis.
Key Takeaways
Pakistan's crude oil reserves are sufficient for just 11 days.
Liquefied petroleum gas (LPG) stocks can last for 9 days.
Government negotiations with Iran may allow for increased oil shipments.
Potential gas crisis anticipated after April 14 due to LNG supply disruptions.
Consumer relief measures include a subsidy for motorcycle and rickshaw owners.
New Delhi, March 19 (NationPress) Pakistan is facing a critical situation with its petroleum reserves, as current crude oil stock levels can only sustain the country for a mere 11 days. This alarming situation raises significant concerns regarding energy security amidst the disruptions caused by the ongoing conflict in the Middle East, as highlighted in a recent report.
During a briefing to the Senate Standing Committee on Petroleum, the Secretary of Petroleum disclosed that the country has diesel reserves sufficient for 21 days, petrol for 27 days, liquefied petroleum gas (LPG) for 9 days, and jet fuel for 14 days, according to The Express Tribune.
Approximately 70 percent of Pakistan's petroleum imports are sourced from the Middle East, and the ongoing hostilities have significantly disrupted vital shipping routes and supply chains, according to the official.
In efforts to mitigate the situation, Pakistan is currently negotiating with Iran to obtain authorization for oil shipments through the Strait of Hormuz, which may allow four vessels to transport crude oil cargoes if granted.
Officials have also issued warnings about a possible gas crisis, predicting that the nation could experience a severe shortage following April 14 due to interruptions in liquefied natural gas (LNG) supplies.
Out of eight LNG cargoes anticipated in March, only two have arrived in Pakistan, and several shipments planned for April may also face disruptions.
The report noted that the conflict has spurred a dramatic increase in global oil prices, with high-speed diesel prices soaring and petrol costs also rising sharply. Shipment timelines have been notably impacted, with deliveries via the Red Sea now taking nearly 12 days compared to the standard four to five days.
Furthermore, authorities are contemplating strategies to prioritize gas supply for domestic consumers, while limiting supply to industrial and commercial users to address shortages.
As a relief initiative, the government has decided to extend a subsidy of Rs 23 billion to approximately 30 million motorcycle and rickshaw owners, funded through savings from austerity measures.
In response to the evolving situation, the government has commenced daily assessments of petroleum stocks to ensure ongoing monitoring.
Officials stated, "The country currently has adequate fuel availability for March, with contingencies in place to guarantee supplies through mid-April."
Point of View
This situation highlights the urgent need for Pakistan to diversify its energy sources and enhance domestic production capabilities. The reliance on Middle Eastern imports poses significant risks, especially amid geopolitical tensions. Strategic planning and effective resource management are crucial to ensure the country's energy security and stability.
NationPress
6 May 2026
Frequently Asked Questions
How long can Pakistan's current petroleum reserves last?
Pakistan's crude oil stocks can sustain the country for just 11 days, while LPG is available for only 9 days.
What measures is the government taking to address the energy crisis?
The government is negotiating with Iran for oil shipments and has initiated daily reviews of petroleum stocks to monitor the situation closely.
What impact has the Middle East conflict had on global oil prices?
The ongoing conflict has led to a significant rise in global oil prices, affecting both diesel and petrol costs in Pakistan.
What is the expected timeline for LNG shipments to Pakistan?
Out of eight LNG cargoes expected in March, only two have arrived, and additional shipments scheduled for April may also be affected.
What relief measures are being implemented for consumers?
The government is providing a subsidy of Rs 23 billion to around 30 million motorcycle and rickshaw owners to help mitigate the impact of rising fuel prices.
