Govt ensuring supply of petroleum products nationwide: Aurangzeb

Minister for Finance Muhammad Aurangzeb said on Sunday the government was making all out efforts to ensure availability of petroleum products across the country.

Talking to media in Lahore on Sunday, he claimed petrol, diesel, and LPG were easily available in all cities and towns, and strict monitoring was being ensured for energy system, state-run Radio Pakistan reported.

The finance minister said the government had absorbed a financial burden of Rs69 billion to provide people with petroleum products at minimum prices and avoid further impact of the regional situation on consumers.  

Highlighting concerns over regional tensions and ongoing conflicts, the minister said the situation would affect energy infrastructure. “However, the situation is expected to remain stable till next month”.

He further said a targeted relief package was being prepared for deserving segments of society and that all relevant ministries, including the Ministries of Petroleum, IT, and Finance, were working together on a coordinated strategy.

The minister said the government was also assessing the potential impacts of the current economic situation on trade and investment.