OGRA assures public of adequate fuel stocks, warns against hoarding

OGRA assures public of adequate fuel stocks, warns against hoarding

ISLAMABAD, MAR 4 /DNA/ – In a bid to ensure the continuous supply of petroleum products and maintain market stability during times of price volatility, the Oil and Gas Regulatory Authority (OGRA) has clarified that Oil Marketing Companies (OMCs) may temporarily regulate the supply of fuel to retail outlets.

According to an official statement issued by OGRA Spokesman Imran Ghaznavi, this measure involves basing supplies on the historical sales patterns of individual petrol pumps. The regulator described this as a “standard supply management practice” designed to prevent disruptions in the distribution system and discourage hoarding.

“The public is reassured that the country currently holds adequate stocks of petrol and diesel, well within the required limits,” the statement read, emphatically denying any shortage of petroleum products.

OGRA advised citizens to ignore rumors regarding fuel availability and to rely solely on information disseminated through official channels. The authority’s statement aims to calm consumer anxiety and ensure that market operations remain stable despite external price pressures.