OCAC Appreciation Notice on Energy Sector Reforms and Commitment to Support Pakistan’s Energy Future

Issuer: Oil Companies Advisory Council (OCAC). OCAC expresses formal appreciation to the leadership of the Government of Pakistan—Hon. Prime Minister Mian Muhammad Shehbaz Sharif, the Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik, the Federal Minister for Economic Affairs Ahad Khan Cheema, Secretary Petroleum and the Chairman OGRA—for advancing reforms that strengthen Pakistan’s energy sector, protect consumers and promote a more competitive and transparent petroleum market.

Key commitments and accomplishments highlighted by OCAC:

• 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; protection of national revenue; fair competition for legitimate businesses.
• Progress Toward Deregulation — Competitive fuel market: transition from decades of dialogue to meaningful progress; encouraging greater market efficiency; strengthening the national fuel supply chain; supporting long-term investment; delivering better outcomes for consumers.
• OCAC’s forward agenda — Working with the government to build a stronger energy future: support digitisation of the economy and smarter energy solutions; promote a sustainable petroleum industry and responsible pricing/PD payments; upgrade and modernise refineries; attract investment and drive economic growth.

OCAC reaffirms its commitment to collaborate with government stakeholders to implement reforms that enhance market efficiency, consumer protection and long-term energy security for Pakistan.

Contact/Reference: Oil Companies Advisory Council (OCAC) official channels.