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Authority (OGRA) has refuted all the reports circulating that the country has a healthy stock of High Speed Diesel (HSD) and refineries have ample supply of HSD. No more need to import D. It should be noted that due to the anti-trafficking campaign launched by the federal government and the beginning of the agricultural season, the sale of HSD in this month of October 2024 is 21% higher than the expected sale.
OGRA Spokesman Imran Ghaznavi said on Friday that higher sales according to the latest sales and stock report have reduced the reserves which were earlier reported higher by the refineries.
These reserves are now sufficient to meet national consumption/sales for only 19 more days, he said. Imran Ghaznavi said that since September, sector regulator OGRA has imposed restrictions on agricultural season, scheduled maintenance closures at parks and illegal fuel. Stockpiles have been actively built up in anticipation of an expected increase in demand due to the government's strong anti-trafficking measures, which led to a surge in stocks that temporarily led to media criticism from some key stakeholders in the industry. had to face
The strategic buffer announced by OGRA has been helpful in maintaining continuity of supply and avoiding potential shortages, which underlines OGRA's commitment to ensure national energy security. The OGRA spokesperson said that the meeting held on October 22 The monthly product review meeting was attended by CEOs/MDs of the oil industry and representatives of the Ministry of Petroleum, in which it was decided to allow the import of about 266,000 metric tonnes to cover the deficit for the month of November. .
The month of November is critical due to the agricultural season and the country's largest supply source Parco, which contributes about 50 percent of the country's refinery output, is offline for 40 days. OGRA's mandate requires it to strive to maintain a constant supply of fuel and prevent any possible shortage. He said it is noteworthy that the planning process for imports of HSD is similar to that of other petroleum products. Same as the product and the volume is assigned to the oil marketing companies as per their sales projections / local availability and inventory levels.
Planning is an ongoing process where corrective actions are taken when deviations from planning occur and the process of improvement is continuous. OGRA continuously reviews the situation of the national oil supply chain every 10 to 15 days so that necessary adjustments can be made as per the market behavior.\932
