OCAC Appreciates Government Energy Reforms to Protect Consumers and Strengthen Market

Issuer: Oil Companies Advisory Council (OCAC). Purpose: OCAC expresses appreciation to the federal government leadership for implementing landmark reforms to strengthen Pakistan's energy sector, protect consumers, and promote a more competitive and transparent petroleum market.

Key reform areas and commitments:

Daily Pricing Mechanism — Delivering stability and protecting consumers

• Greater price stability
• Reduced consumer price shocks
• Enhanced market transparency
• Improved supply-chain predictability

Action Against Fuel Smuggling — Protecting Pakistan’s economy

• Significant progress in curbing smuggling
• Stronger enforcement and coordination
• Protecting national revenue
• Fair competition for legitimate businesses

Progress Toward Deregulation for a Competitive Fuel Market

• Encouraging greater market efficiency
• Strengthening the national fuel supply chain
• Supporting long-term investment
• Delivering better outcomes for consumers

OCAC’s strategic priorities and support areas

• Support digitisation of the economy to promote innovation, efficiency, and smarter energy solutions
• Support a sustainable petroleum industry by resolving commercial issues and addressing industry margins and pending payments
• Upgrade and modernise refineries to enhance efficiency and meet future energy needs
• Drive investment and growth by creating jobs and attracting investment to contribute to national prosperity

Context: The advertisement publicly thanks senior federal leadership (Prime Minister; Federal Minister for Energy, Petroleum Division; Federal Minister for Economic Affairs; Secretary Petroleum; and the Chairman of the petroleum regulator) for reforms that promote transparency, market efficiency, consumer welfare and long-term energy security.

For more information visit OCAC: https://www.ocac.org.pk/