NA Petroleum Committee Seeks More Clarity on Fuel Prices and Refinery Upgrades

Islamabad: The National Assembly Standing Committee on Energy (Petroleum Division) met at Parliament House under the chairmanship of Syed Mustafa Mehmood, MNA. The meeting was officially scheduled as the committee’s 16th meeting on October 8, 2026. National Assembly of Pakistan
The committee reviewed petroleum pricing and stressed greater transparency over the components that determine petrol and diesel prices, including international benchmarks, exchange rates, taxes, levies and transportation costs. Officials also briefed members on refinery operations and upgradation, saying four of Pakistan’s five refineries have signed upgrade agreements, while talks with the remaining refinery are continuing. Government of Pakistan
Members also discussed petroleum smuggling, higher-sulphur fuels, possible cheaper fuel options for farmers through Light Diesel Oil, and gas facilities for communities located near oil and gas wells. The committee deferred two government bills related to the Gas Infrastructure Development Cess and Natural Gas Development Surcharge until its next meeting.