The plan includes introducing a new pricing mechanism under which the prices of petroleum products will be reviewed on a weekly basis
Islamabad: (Urdu Point / Urdu Point / Pakistan Point News – March 6, 2026) Pakistan A phased energy conservation plan, similar to measures adopted during the COVID-19 pandemic, has been finalized to address the potential Energy crisis Amid fears of the possibility of closing the Strait of Hormuz.
Within the framework of the proposed strategy government It aims to reduce the demand for imported petroleum products and convert them into liquefied natural gas gas (RLNG).
The plan also includes introducing a new pricing mechanism under which petroleum products will be determined Prices It will be revised on a weekly basis.
According to officials, government The meetings will be held virtually, and in the first phase the number of audiences will be larger Holidays maybe These will be increased, similar to the model used during the COVID-19 pandemic.
The authorities have prepared a three-stage strategy consisting of several proposals aimed at conserving energy and reducing fuel consumption.
The plan, which includes about three to forty recommendations, is expected to be submitted to it prime minister Shahbaz Sharif Friday for final approval.
Once approved, government The measures are likely to begin immediately.
big government The sources said that during the first phase, energy saving steps will be implemented mainly within the public sector.
In the second stage, private schools, universities and hospitals maybe They are also required to adopt online assignments and digital work systems in order to reduce commuting and fuel use.
The strategy also proposes a weekly adjustment in oil prices to better respond to fluctuations in global energy Markets and local demand management.
In the meantime, a meeting of the committee formed by prime minister Shahbaz Sharif Today, Thursday, monitoring of petroleum prices was held at the headquarters of the Financial Division.
The meeting was chaired by Finance Minister Muhammad Aurangzeb and reviewed the evolving regional situation and its potential impact on fuel supplies and prices.
Officials said government It closely monitors developments in the region and prepares emergency measures to ensure energy security and economic stability.