Pakistan has taken a major step to strengthen energy security by forming a high-level committee to develop and operationalize strategic petroleum reserves aimed at protecting the economy from global oil price shocks and supply disruptions.
According to an official notification issued by the Ministry of Energy’s Petroleum Division, the committee has been directed to submit recommendations and a full implementation roadmap by May 8, 2026.
The newly created Committee on Strategic Petroleum Reserves includes senior officials from government institutions, regulators, security bodies, state-owned energy firms, and private-sector stakeholders.
The committee will be chaired by the Special Secretary of the Petroleum Division and includes representatives from the National Crisis Management Cell, Oil and Gas Regulatory Authority (OGRA), Joint Staff Headquarters, Directorate General Logistics, Pakistan State Oil (PSO), Inter-State Gas Systems, and the Pakistan Institute of Development Economics (PIDE).
Private-sector participants such as HUBCO, along with refinery and storage industry representatives, may also be involved in the planning process.
Officials said the committee has been tasked with preparing a national framework for emergency oil storage and fuel supply management. It will also review how existing storage facilities can be better utilized and prepare a complete mapping of oil storage infrastructure across the country.
In addition, the body will examine financing models and investment needs for expanding fuel reserves to meet Pakistan’s long-term energy security goals.
Authorities said the initiative will build on earlier technical studies that highlighted weaknesses in Pakistan’s storage capacity and recommended a more organized strategic reserve system.
