Energy Division clarifies over social media 'controversy' on fuel import policy

The Energy and Mineral Resources Division has clarified that there is no scope to provide special benefits to any individual, institution or group through the proposed policy on private sector fuel oil import.

Muhammad Arif Sadeq, Deputy Chief Information Officer of the Ministry of Power, Energy and Mineral Resources, provided the information in a press release on Saturday, August 8.

The press release stated that the government has taken the initiative to draft the 'Policy for Import, Storage, Transport, Distribution and Marketing of Refined Fuel Oil by the Private Sector, 2026' to ensure uninterrupted and secure fuel oil supply in the country.

The main objective of the proposed policy is to ensure the country's energy security and maintain an uninterrupted supply system. Additionally, there are plans to build a transparent and competitive system to utilise the infrastructure and investment capabilities of the private sector alongside the public sector during emergencies or crisis situations, in the national interest.

The Energy Division said the policy will be finalised after taking opinions and suggestions from all stakeholders in the energy sector. The policy formulation will be considered only if public interest, energy security, competitive market, transparency and accountability can be ensured.

The press release said there is no scope to provide special benefits to any specific individual, institution or group.

The press release also noted that speculative and false information has been published in various media and social media regarding the proposed policy recently. The Energy and Mineral Resources Division called on all concerned to act responsibly on the matter.