By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Media HydeMedia Hyde
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Font ResizerAa
Media HydeMedia Hyde
Font ResizerAa
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Follow US
© 2026 Media Hyde Network. All Rights Reserved.
Business & Commerce

Fuel Crisis Looms as Sindh’s New Tax Halts Oil Clearance

Last updated: October 21, 2025 5:41 pm
Sana Mustafa
Share
SHARE

A nationwide fuel shortage is feared after the Sindh government enforced a 1.8% Infrastructure Development Cess on petroleum imports, delaying the clearance of oil shipments at Karachi Port. Experts warn fuel prices may rise by more than Rs3 per litre, directly affecting consumers.

The Oil Companies Advisory Council (OCAC) has written to Sindh Chief Minister Murad Ali Shah, urgently requesting the release of petroleum cargo stuck at the port. Oil tankers, including PSO’s MT Islam 2 and MT Hanifa, are waiting for customs clearance, while oil stocks at Keamari Terminal are rapidly decreasing.

OCAC warned that if cargo from Wafi Energy and Parco arriving on Tuesday is not cleared, the situation could worsen. They stressed that the agriculture season is ongoing, and any break in the fuel supply chain could bring transportation and farming activities to a standstill. Even after resolution, it may take up to two weeks to restore normal fuel supply nationwide.

Meanwhile, the Oil Marketing Association of Pakistan (OMAP) also alerted the federal government to the potential crisis. It said the 1.85% cess and new bank guarantee requirement would block working capital, stop oil imports, and could lead to fuel pump dry-outs across the country.

OMAP Chairman Tariq Wazir Ali urged Energy Minister Ali Pervez Malik to immediately intervene and negotiate with the Sindh government. He warned that delays in sales tax refunds, foreign exchange losses, and low profits have already put oil companies under financial stress. The new rules, he said, are a “serious threat” to the national petroleum supply chain.

Both OCAC and OMAP stressed that without quick government action, the country could face a severe fuel shortage, damaging the economy, transport, agriculture, and industries.

The Sindh government has not yet issued a response.

Share This Article
Email Copy Link Print
Previous Article Pakistan-Afghanistan Ceasefire Agreement Could Collapse, Warns Khawaja Asif
Next Article Raftar CEO Challenges Legality of PECA Case Filed by Balochistan Police
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sponsored Ads

Stay Connected

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
WhatsAppFollow
ThreadsFollow
Known for U-turns, Trump makes biggest policy reversal on Iran
Headline
March 24, 2026
Nasal Spray Developed to Protect Against all Types of Flu
Health
March 23, 2026
Salt in Drinking Water Silently Contributing to High Blood Pressure in Millions
Health
March 23, 2026
Simple Habit That Can Protect You From 13 Different Types of Cancer
Health
March 23, 2026
Low Fat Vegan Diets Beneficial for Diabetes Patients: Study
Health
March 23, 2026
Bowel Cancer Becomes Leading Cause of Cancer Deaths in People Under 50
Health
March 22, 2026

You Might Also Like

Business & Commerce

30% Stake of Pakistan National Shipping Corporation Sold to Local Company

By
Fatima Nadeem
Business & Commerce

State Bank Reviews Payment System Progress in First Quarter of FY26

By
Fatima Nadeem
Business & Commerce

Govt Targets Zero Circular Debt Inflow to Meet IMF Condition

By
Sana Mustafa
Business & CommerceHeadline

ADB Seals $730m Deal to Boost Pakistan’s Power Sector

By
Sana Mustafa
Media Hyde Media Hyde Dark
Facebook Twitter Youtube Rss Medium

About US

Media Hyde Network: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 News.

Top Categories
  • Headline
  • Politics
  • Entertainment
  • Education
  • Sports
  • Religious
  • Metropolitan
  • Climate and Weather
Usefull Links
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Cookies Policy
  • Advertising Policy
  • Terms & Conditions

© 2025 Media Hyde Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?