PM Shehbaz assures uninterrupted LNG, LPG and oil supplies

Prime Minister Shehbaz Sharif has reaffirmed the government’s commitment to ensuring the uninterrupted supply of liquefied natural gas (LNG), liquefied petroleum gas (LPG) and petroleum products across the country ahead of the winter season.

However, he acknowledged that the evolving regional situation had created challenges for maritime routes, posing potential difficulties for energy supplies.

The prime minister said the government had taken steps to establish a transparent system for the import and distribution of LNG and LPG. He declared that the era of the LNG mafia had come to an end, adding that a transparent mechanism had been introduced through Pakistan State Oil (PSO) and Pakistan Refinery Limited?

He said the government had also developed a new system for LPG to improve transparency and ensure a reliable supply.

Speaking about petroleum prices, Shehbaz Sharif said the government had not passed on the burden of a Rs15 per litre increase in petrol prices to the public.

He credited the petroleum minister and his team for holding important negotiations with local refineries to manage the situation and reduce the impact of rising fuel costs on consumers.

The prime minister further said that more than 15 million people had directly benefited from the government’s subsidy scheme, which was introduced to provide relief amid rising fuel prices.

On regional peace and stability, Shehbaz Sharif said Pakistan continued to make diplomatic efforts to promote peace and stability in the region and beyond.

He referred to Field Marshal Syed Asim Munir’s recent visit to Iran, during which the leadership of Pakistan, Saudi Arabia, Turkiye and Iran held discussions in Tehran in a positive atmosphere.

The prime minister said Pakistan remained committed to diplomatic engagement and constructive dialogue to address regional challenges and strengthen cooperation among countries.

He stressed that Pakistan would continue playing its role in promoting peace, stability and regional cooperation while taking necessary measures to safeguard the country’s energy security ahead of winter.