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ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif chaired a review meeting on Monday on Pakistan&rsquo;s petroleum reserves amid regional tensions, noting that there have been no oil shortages in the country despite the situation in the Middle East, according to a statement from the Prime Minister&#39;s Office (PMO).&nbsp;&ldquo;The Prime Minister directed to continue constant monitoring of oil consumption in the country,&rdquo; the PMO said.&nbsp;During the meeting, PM Sharif said that due to constant monitoring of oil consumption and reserves and a better strategy, the steps taken to provide relief to the people will continue. PM Sharif was briefed about the arrangements made for the import of oil in view of future requirements.&nbsp;&ldquo;The briefing stated that there is an adequate quantity of petroleum products in the country, but it is necessary to maintain thriftiness for savings,&rdquo; it added.&nbsp;Earlier, the remarks come as tensions across the Middle East continue to surge following US and Israeli strikes on Iranian targets that triggered retaliatory missile and drone attacks across the region, raising fears of a wider conflict involving multiple countries and key global energy routes.&nbsp;The meeting was attended by Pakistan&rsquo;s Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Minister for Information and Broadcasting Attaullah Tarar, and other senior officials.

Economy

Supplies are adequate with continued monitoring and import planning.

PM Sharif reviews country’s petroleum reserves, says no shortage

Middle East

US and Iran confirm coming to Islamabad for peace talks, Israel continues to strike Lebanon as Tehran guarantees safe passage for maritime traffic through the vital Strait of Hormuz for two weeks, Pakistan PM Sharif invites delegations from both countries to Islamabad, 'to further negotiate for a conclusive agreement to settle all disputes.'



Articles tagged with "Pakistan PM Sharif"

PM Sharif reviews country’s petroleum reserves, says no shortage

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PM Sharif reviews country’s petroleum reserves, says no shortage