Petroleum minister denies fuel shortage, says Pakistan has sufficient stock

People wait their turn to get fuel at a petrol station, in Karachi, Pakistan, on June 2, 2022. (REUTERS)
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Updated 08 February 2023
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Petroleum minister denies fuel shortage, says Pakistan has sufficient stock

  • Musadik Malik admits the ‘danger’ of hoarding amid volatility of petroleum prices in international market
  • Minister says the government can take administrative measures against people rationing fuel in Pakistan

ISLAMABAD: State Minister for Petroleum Dr. Musadik Malik dismissed reports of fuel shortage in Pakistan on Tuesday, saying the government was complying with the regulatory requirement of maintaining a substantial quantity of petrol and diesel in the country.

Malik issued the rebuttal during a conversation with a local news outlet amid reports that commuters were facing problems in the country’s most populous Punjab province where several petrol pumps had temporarily suspended their service.

“We held a meeting with the oil marketing companies in the morning,” he told Geo News. “Currently, the country has the stock of more than 20 days of petrol and more than 25 days of diesel.”

The minister asked the media to intimate the government about any artificial shortage created by owners of petrol pumps in any part of the country, saying action would be taken against such elements.

“In certain regions, there is a danger that people are hoarding since they believe that petrol prices are being increased on an international level,” he continued. “But we have got administrative measures that can be used to deal with such situations.”

Malik categorically denied that the country’s ongoing negotiations with the International Monetary Fund (IMF) had anything to do with the prices of petroleum in the country.

He maintained the subject was not being discussed between the two sides, adding any fluctuation in fuel prices was due to the volatility in international market.

Pakistan is facing a major dollar liquidity crunch which has led the government to unofficially suspend import of various items, including essential goods, to save its foreign currency reserves that have hit an alarming level of $3 billion.

Under the circumstances, a nationwide power outage last month also led to speculations about fuel shortage in the country for power generation, though senior government officials denied the claim.


Thousands of Afghans displaced by Kabul-Islamabad conflict

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Thousands of Afghans displaced by Kabul-Islamabad conflict

  • The neighbors have clashed since Thursday when Afghanistan launched a border offensive in retaliation for Pakistani air strikes
  • Islamabad has hit back along the border and with fresh air strikes, bombing multiple sites including the former US air base at Bagram

KABUL: More than 8,000 Afghans have been forced from their homes by fighting with Pakistani forces along the border in recent days, the Taliban government said Tuesday.

The neighbors have clashed along the frontier since Thursday, when Afghanistan launched a border offensive in retaliation for Pakistani air strikes.

Islamabad has hit back along the border and with fresh air strikes, bombing multiple sites including the former US air base at Bagram, the capital Kabul and the southern city of Kandahar.

“Due to these brutal bombings and attacks, 8,400 of our families have been displaced, forced to leave their villages and homes,” Afghan deputy government spokesman Hamdullah Fitrat said at a news conference.

An AFP journalist near the frontier has spoken to residents who have fled the clashes.

Afghanistan’s defense ministry reported “extensive and heavy offensive and revenge attacks” across seven provinces over the past day.

The government acknowledged earlier air strikes on Bagram for the first time.

“Yes, the enemy targeted Bagram as well, but there were no casualties or damage,” defense ministry spokesman Enayatullah Khowarazmi said.

Two residents told AFP on Sunday that they heard air strikes in Bagram, north of the capital.

Pakistani security sources said strikes at Bagram were based on “credible intelligence” to disrupt the “supply of critical equipment and stores” for Afghan soldiers and militants fighting Pakistan forces along the frontier.

They said Pakistan reserves the right to respond to the Taliban government’s “aggression along its border by striking legitimate targets at the time and place of its own choice.”

Pakistani fighter jets also flew nighttime sorties over Kabul, another security source told AFP.

UN ‘ALARMED’
Islamabad’s confirmation that its aircraft flew over the Afghan capital came hours after AFP journalists in the city heard multiple explosions.

The blasts were heard alongside anti-aircraft weapons and gunfire from across the city.

An AFP journalist in Jalalabad city, between Kabul and the frontier, reported hearing explosions and various weapons being fired.

At the nearest border crossing, around 50 kilometers (30 miles) from Jalalabad, residents in Torkham told AFP the days-long fighting was ongoing.

The latest casualties include three children killed in a “crime committed by the Pakistani military regime” in Kunar province, Fitrat said Monday.

At least 39 civilians have been killed since Thursday, the Afghan government said, a toll which Pakistan has not commented on.

The UN children’s charity said it was “alarmed” by reports of child casualties in the conflict, and called on all sides to “exercise maximum restraint, protect civilian lives.”

Pakistan said its February air strikes that sparked the escalation were targeting militants.

Islamabad accuses Afghanistan of failing to act against militant groups that carry out attacks in Pakistan, which the Taliban government rejects.

Pakistan’s Foreign Minister Ishaq Dar said on Tuesday it was “never too late to talk,” but warned: “We will finish this menace.”

The Afghan defense ministry spokesman said more than 25 soldiers have been killed, while estimating Pakistani fatalities among troops at around 150.

Pakistan says more than 430 Afghan soldiers have been killed, with more than 630 wounded.

Casualty claims from both sides are difficult to verify independently.

The violence of recent days is the worst since October fighting killed more than 70 people on both sides, with land borders between the neighbors largely shut since.