Essential systems

Pakistan Fuel & Energy

Follow Pakistan’s fuel prices, oil supply, electricity policy and the regional events affecting energy security.

The reporting trail

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A Libyan oil facility seen from the air, with a cluster of tanks and pipelines against a desert landscape.Pakistan / Business & Finance

Pakistan opens Libya crude channel and lines up TPAO Indus Basin survey

Pakistani Petroleum Minister Ali Pervaiz Malik told his Libyan counterpart on 12 October at the IEF in Riyadh that refineries should consider Libyan crude.

A true-colour satellite image of the Strait of Hormuz, showing the narrow waterway separating Iran from the Musandam Peninsula.International — Region / International — Region

Third vessel strikes a mine in the Strait of Hormuz as shipping attacks resume

Iran's Revolutionary Guard Navy says an oil supertanker hit a mine in the Strait of Hormuz, the third vessel in days, as attacks on shipping resume.

A true-colour satellite view of the Strait of Hormuz showing the Persian Gulf, the Gulf of Oman, Qeshm Island off Iran and the Musandam Peninsula.International — Region / International — Region

Iran ties Strait of Hormuz reopening to seven Islamabad MoU conditions

Iran's parliament speaker says the Strait of Hormuz will stay closed until seven conditions in the June Islamabad MoU are met, as US-Iran talks stall.

The International Monetary Fund headquarters in Washington, D.C., seen from the street with its angular modernist facade and dark glass curtain walls.Pakistan / Business & Finance

Pakistan, IMF hit deadlock over fuel subsidy and Rs1.4 trillion gas receivables write-off

Pakistan and the IMF have hit a deadlock over the fuel subsidy scheme and writing off Rs1.4 trillion in gas utility receivables as the fourth EFF review continues.

A Shell fuel station at night in Karachi, with a brightly lit canopy, fuel pumps and a small shop.Pakistan / Business & Finance

Pakistan cuts petrol by Rs1.49 and diesel by Rs2.73 for September 30

Petrol falls by Rs1.49 to Rs387.54 a litre and high-speed diesel by Rs2.73 to Rs402.24 from 30 September 2026, a second consecutive daily cut under the new pricing mechanism.

A service station on Pakistan's M-2 motorway, with the petrol pump canopy, forecourt and parked vehicles visiblePakistan / Business & Finance

Pakistan cuts petrol and diesel prices from September 29

Petrol falls by Rs2.27 to Rs389.03 and high-speed diesel by Rs3.56 to Rs404.97 from 29 September 2026, under the daily petroleum pricing mechanism.

A roadside fuel station with a petrol pump canopy in Khuzdar, Balochistan, with a fuel truck and vehicles parked nearby.Pakistan / Business & Finance

Pakistan raises petrol by Rs2.02 and cuts diesel by Rs3.59 from September 26

Pakistan raised petrol by Rs2.02 a litre and cut high-speed diesel by Rs3.59 from 26 September 2026, setting petrol at Rs391.30 and diesel at Rs408.53 for three days.

A large QatarGas liquefied natural gas carrier at sea with its storage tanks visible on deck.Pakistan / Business & Finance

Pakistan ministers apologise for night load shedding as Qatari LNG stays offline

Federal ministers apologised for night-time load shedding, saying the loss of contracted LNG from Qatar has idled about 5,000MW of generation and spot cargoes are too costly.

A tall steel electricity transmission tower carrying power lines across open farmland under a clear sky.Pakistan / Business & Finance

RLNG shortage cuts 3,600MW, forcing more night-time load shedding

Pakistan moved to additional night-time load management after delayed RLNG cargoes cut about 3,600MW of generation, the Power Division said on 30 August 2026.

A roadside petrol station with a canopy over fuel pumps, a price board and a vehicle parked alongside.Pakistan / Business & Finance

Pakistan shuts about 2,500 illegal petrol pumps in fuel-smuggling crackdown

Pakistan shut down about 2,500 petrol pumps on 29 August 2026 in a nationwide crackdown on the smuggling and illegal sale of petroleum products, the FBR said.

A roadside fuel station with a red-and-white canopy over several pumps, a tall price sign and a car parked at one of the islands.Pakistan / Business & Finance

Pakistan cuts petrol by Rs0.50 and diesel by Rs0.19 from August 28

Pakistan cut petrol by Rs0.50 a litre and high-speed diesel by Rs0.19 from 28 August 2026, setting petrol at Rs342.60 and high-speed diesel at Rs371.61.

Official portrait of United States Treasury Secretary Scott Bessent in a dark suit.International — World / International — World

US unveils sweeping new sanctions on Iran, targeting 60 entities

US Treasury Secretary Scott Bessent said new sectoral sanctions target five Iranian sectors and 60 entities, individuals and vessels, as Pakistan pressed mediation.