Spokesperson for Petroleum Division negates the speculation over severe diesel supply in country amid wheat harvesting season in the most of areas of the country. Spokesperson says that presently, country has an ample HSD stocks around 265,000 MTs which are sufficient for seven to ten days demand of entire country.
The demand supply position for the month of May, 2020 is as under:
MAY, 2020
Unit: Metric Ton
DEMAND 711,013
REFINERIES PRODUCTION 435,000
SURPLUS (DEFICIT) (276,013)
IMPORT PLANNED 394,000
VARIANCE 112,987
In order to ensure availability of sufficient stocks of HSD, import was planned higher than deficit. However, due to unavailability of vessels in international market due to COVID-19, the supplies have been delayed by 2 to 3 days. However, sufficient stocks are available with PSO.
Further, diesel vessels are arriving at Port Qasim as per following program:
OMC Vessel Name Quantity Arrival Date
Hascol/Gas & Oil Hafnia Phonex 42,000 MTs 13.05.2020
PSO Junior G 60,000 MTs 14.05.2020
PSO Maersk Teesport 40,000 MTs 15.05.2020
PSO Helene Maersk 40,000 MTs 17.05.2020
Petroleum Division is vigorously monitoring the situation and has directed all refineries to enhance their production. Similarly OMCs have also been directed to move the product at high consumption depots/locations. Accordingly, the situation will get normalized, soon.
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