Pakistan's oil supply chain is at risk of significant disruption due to the excessive storage of diesel, according to a warning issued by four major oil refineries.
In a letter addressed to the petroleum secretary, the refineries expressed concerns that the current diesel stock levels have reached a critical point, with over 770,000 tons of diesel in storage, equivalent to more than 50 days of supply.
The refineries urged the government to halt or postpone further diesel imports during September, cautioning that any additional imports could destabilize the supply chain and have detrimental effects on the economy.
The letter emphasized the need for immediate action to address the oversupply, noting that the situation could become harmful if not resolved promptly.
The refineries also protested the excess diesel stocks, underscoring that the current situation is unsustainable and poses a serious threat to the country's energy infrastructure.
The consortium's appeal to the government reflects the urgency of the matter, highlighting the potential economic impact if the diesel glut is not managed effectively.
