Petroleum imports boost Pakistan’s reserves

Published March 11, 2026
People queue to buy petrol at a fuel station after Vietnam’s trade ministry called on local businesses to encourage their employees to work from home to save fuel amid disruptions in supply and price surge.—Reuters
People queue to buy petrol at a fuel station after Vietnam’s trade ministry called on local businesses to encourage their employees to work from home to save fuel amid disruptions in supply and price surge.—Reuters

ISLAMABAD: Amid global shortages, three vessels carrying petrol are arriving at Port Qasim, while one has already discharged diesel to replenish the country’s reserves.

These imports were made by Attock Petroleum, Wafi Petroleum, Hascol and GO Pakistan Ltd.

The Port Qasim Authority (PQA) anno­unced on Tuesday that the MT Torm Damini, which arrived on March 8, had offloaded 37,000 tonnes of diesel.

Another tanker, MT Nave Atropos, carrying 50,000 tonnes of petrol, has already arrived at the outer anchorage and is scheduled to berth on Wednesday.

Three vessels carrying petrol, one with diesel arrive at Port Qasim

The discharge of cargo is expected to take approximately 30 hours. After Nave Atropos, another tanker, MT Spruce2, carrying 55,000 tonnes of petrol, is expected to berth on Thursday.

The fourth ship, MT Sea Clipper, carrying 34,000 tonnes of petrol, is the final vessel in the schedule, with berthing allocated for either the evening of March 13 or the morning of March 14.

Another vessel carrying petrol for the state-owned oil marketing company, PSO, is expected to arrive after March 16.

The other energy-related activity at Port Qasim involves the arrival of liquefied petroleum gas (LPG).

While the vessel ‘MD23’ has discharged 3,500 tonnes of LPG, two other ships were offloading their cargoes at the terminals.

The ‘Navigator Atlantic’ was currently discharging 12,000 tonnes of LPG, brought from Oman, at Engro Vopak Terminal Ltd (EVTL).

And the ‘Navigator Aries’ was discharging 11,000 tonnes of LPG mix from Iraq at Sui Southern Gas Company (SSGC) LPG terminal.

The fourth gas ship ‘Ullswater’ is outside the port area waiting with 3,700 tonnes of LPG mix from Iraq to discharge its cargo at the SSGC LPG terminal.

Meanwhile, a senior official of the petroleum ministry told Dawn that the country had stocks sufficient for 25 days of both petrol and diesel.

While diesel consumption started declining in the last week of Ramazan to nearly half during Eid days, petrol consumption surged back during Eid days.

“The import of petrol and diesel will ensure that the country does not go dry,” the official said, adding that people have started to conserve usage after the price increase, which is also helping maintain stock levels.

Published in Dawn, March 11th, 2026

Opinion

Editorial

Water vision
01 May, 2026

Water vision

WATER insecurity in Pakistan has been building up for decades as per capita water availability has declined from...
Vaccine policy
01 May, 2026

Vaccine policy

PAKISTAN has finally approved its first National Vaccine Policy; a step the health ministry has rightly described as...
Labour rights
Updated 01 May, 2026

Labour rights

THE annual observance of May Day should move beyond statements about the state’s commitment to the rights of...
UAE’s Opec exit
Updated 30 Apr, 2026

UAE’s Opec exit

THE UAE’s exit from Opec is another sign of the major geopolitical shifts that are reshaping the global order. One...
Uncertain recovery
30 Apr, 2026

Uncertain recovery

PAKISTAN’S growth projections for the current fiscal present a cautiously hopeful picture, though geopolitical...
Police ‘encounters’
30 Apr, 2026

Police ‘encounters’

THE killing of nine suspects by Punjab’s Crime Control Department across Lahore, Sahiwal and Toba Tek Singh ...