OCAC Appreciates Government Reforms Strengthening Pakistan’s Energy Sector

Issuer: Oil Companies Advisory Council (OCAC). OCAC expresses appreciation to the federal leadership, relevant energy and economic ministries, Secretary Petroleum and the Chairman OGRA for reforms that strengthen Pakistan’s energy sector, protect consumers and promote a more competitive and transparent petroleum market.

Key reform themes and intended benefits include:

• Daily Pricing Mechanism — delivering greater price stability, reduced consumer price shocks, enhanced market transparency and improved supply-chain predictability.
• Action Against Fuel Smuggling — progress in curbing smuggling through stronger enforcement and coordination, protecting national revenue and ensuring fair competition for legitimate businesses.
• Deregulation & Competitive Fuel Market — encouraging market efficiency, strengthening the national fuel supply chain, supporting long-term investment and delivering better outcomes for consumers.
• Support for Industry & Economy — digitisation of the economy, support for a sustainable petroleum industry (including resolving commercial issues and pending payments), upgrading and modernising refineries, and driving investment and growth to create jobs and contribute to national prosperity.

Actionable information: OCAC commits to working with the government to build a stronger energy future for Pakistan. For further information and contact details, visit OCAC’s website: https://www.ocac.org.pk/