OGRA dashboard implemented to ensure accurate monitoring of consumption, Cabinet Committee on Petrol Prices said
ISLAMABAD:
The Cabinet Committee on Oil Prices during its meeting on Monday reviewed the oil supply situation and market conditions, focusing on uninterrupted supply, market discipline and better monitoring across the supply chain.
The committee meeting was chaired by Finance Minister Senator Muhammad Aurangzeb, according to a press release issued by the Finance Ministry.
The committee carried out a comprehensive review of oil stock positions, import plans and refinery operations, the statement said, adding that members were informed that the overall supply situation remains stable, with diesel stocks providing about 25 days of cover, sufficient gasoline availability to meet current demand and crude oil stocks at around 12 days of cover, supported by incoming cargoes and scheduled imports.
The committee placed special emphasis on strengthening data-driven monitoring and supervision through the digital dashboard launched by OGRA, which is designed to provide real-time visibility of stock levels, sales and supply conditions from warehouses to points of sale.
The dashboard is expected to serve as a central tool for tracking key indicators, including sales, inventory and demand fluctuations, enabling timely identification of supply gaps and informed decision making.
Acknowledging the progress, the committee noted that data provided by retail outlets remains below expectations, particularly given the scale of more than 12,000 petrol pumps across the country, and emphasized the need to fully operationalize the system to achieve the anticipated benefits.
OGRA was directed to ensure compliance with data submission requirements, accelerate digitalization efforts across the supply chain and maintain close coordination with Oil Marketing Companies (OMCs) and other relevant stakeholders to support the smooth implementation of the system.
In this context, PSO will further improve visibility across its entire retail network and strengthen reporting coverage on a priority basis.
To strengthen the implementation, it was decided that joint teams comprising representatives of Petroleum Division, OGRA, FIA and Pakistan State Oil (PSO) will be deployed at selected PSO petrol pumps in Islamabad to support timely data entry, enhance stock transparency and ensure operational compliance.
The Petroleum Division informed the Committee that import agreements for the coming weeks are on track.
The committee also highlighted the critical importance of a reliable energy supply to support key sectors such as agriculture, fertilizer production, transport and industry, underlining its role in sustaining economic activity and maintaining price stability.
In light of recent price movements, the committee emphasized continued vigilance throughout the supply chain to prevent hoarding, speculative behavior and any disruption in product availability.
The importance of closely monitoring demand patterns, including localized variations in consumption, was highlighted to support balanced supply management. The committee also stressed the need to discourage unauthorized storage and address market irregularities within the regulatory framework.
The committee also reviewed the gas supply situation, including the stock positions of SNGPL and SSGC, and discussed options to manage the availability of gas to domestic consumers and its allocation between the domestic and power sectors.
