The Pakistan Government is facing challenges as foreign energy suppliers, including major firms, hesitate to store and trade fuel in the country due to an unfavorable investment climate. Originally intended to enhance fuel availability for smaller oil marketing companies (OMCs), the current policy has prompted a reevaluation.
Proposed amendments include optional physical presence for foreign suppliers, digital agreements with local bonded warehouse operators, and expanded coverage to contain chemicals. The government’s involvement is crucial in reforming the policy to attract foreign investment and streamline the digital fuel supply chain.