Pakistan State Oil to be sole diesel importer in FY27

Pakistan State Oil (PSO) will be the sole importer of high-speed diesel (HSD) in FY27, as the government bans private oil marketing companies (OMCs) from HSD imports. Petrol imports by private OMCs are capped based on past sales, while PSO will secure a long-term supply contract with OQ Trading of Oman to ensure fuel security amid the Strait of Hormuz closure. New pricing and supply guidelines are issued to the Oil & Gas Regulatory Authority (Ogra).